Lamar Advertising Reports 22% Drop In 2Q Revs

  • August 7, 2008
Lamar Advertising Co., an outdoor advertising company, reports that second-quarter profits declined 22% to $14.3 million, notes The AP. Sales rose 3% to $323.8 million. For the third quarter, the company predicts that revenues will drop 3% to $309 million.

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