Lamar Advertising Company reported net revenues of $585.5 million for the third quarter ended September 30, 2025, an increase of 3.8% compared to the same period in 2024. Net income for the quarter was $144.1 million, down 2.5% from $147.8 million in the prior year. Adjusted EBITDA rose 3.5% to $280.8 million. For the nine months ended September 30, 2025, net revenues totaled $1.67 billion, up 2.6% year-over-year, with net income of $438.3 million, a 20.4% increase from the previous year, primarily due to a $68.6 million gain from the sale of Lamar's equity interest in Vistar Media. Net income per diluted share for the nine-month period was $4.27, compared to $3.54 in 2024. The company noted an uptick in national sales and positive revenue growth on an acquisition-adjusted basis.