TEGNA Inc. Reports Strong 2016 Second Quarter Results

Highlights for the second quarter include the following:
GAAP earnings from continuing operations of $0.45 per diluted share compared to $0.17 per
diluted share in the second quarter last year
. Non-GAAP
earnings from continuing operations
of $0.50 per diluted share, an increase of 67 percent year-over-year
Total company revenues up 7 percent, 9 percent on a pro forma basis, driven by strong Media
and Digital Segment performances
Media Segment revenues 10 percent higher including significant increases in retransmission
and political advertising revenues
Digital Segment revenues up 4 percent and 7 percent higher on a pro forma basis
Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
https://www.editorandpublisher.com/news/tegna-inc-reports-strong-2016-second-quarter-results/
LinkedIn
Read More

Leave a Reply

Your email address will not be published. Required fields are marked *