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Boston Omaha Corporation shared its third quarter results and raised its share buyback plan to $85 million.

ResultsRead the original at SEC EDGAR
Neutral

BOC’s loss to common shareholders narrowed, but its operating loss widened and cash fell from $36.7 million to $29.7 million. The larger buyback is optional and would use available cash, leaving the company’s outlook mixed.

BOC · Boston Omaha Corporation

AI read · Neutral

The AI's read

The loss to common shareholders narrowed, but the loss from operations widened. Cash was also lower than at year-end. The larger buyback could return money to shareholders, but it is optional and would use available cash. Together, these facts leave the company’s outlook mixed.

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