TEGNA Earnings Reports

TEGNA Inc. reported a 20% increase in total company revenue to $871 million for the fourth quarter, driven primarily by political advertising strength. GAAP net income attributable to TEGNA Inc. was $181 million, with GAAP earnings per diluted share at $1.11. The company returned $20 million to shareholders through dividends and $50 million through share repurchases during the quarter.

TEGNA Inc. reported a 13% increase in total company revenue to $807 million for the third quarter of 2024, driven by record political advertising revenue of $126 million and growth in AMS revenue. GAAP operating income totaled $230 million and GAAP net income attributable to TEGNA Inc. was $147 million, with earnings per diluted share at $0.89.

TEGNA Inc. reported a 3% decrease in total company revenue to $710 million. GAAP net income attributable to TEGNA Inc. was $82 million, with earnings per diluted share at $0.48. The company returned $93 million of capital to shareholders during the quarter.

TEGNA Inc. reported a total company revenue of $714 million, a decrease of four percent year-over-year, but at the midpoint of their guidance range. The company achieved net income of $190 million on a GAAP basis ($80 million non-GAAP) and returned more than $100 million of capital to shareholders during the quarter, increasing the regular quarterly dividend by 10%.

TEGNA Inc. reported a decrease in total company revenue for the fourth quarter, primarily due to the absence of political revenue from the prior year's mid-term election cycle. However, advertising trends showed sequential improvement, and the company is implementing a new capital allocation framework to return capital to shareholders.

TEGNA Inc. reported its third-quarter results, with total company revenue of $713 million, in line with guidance, although down 11% year-over-year. Subscription revenue reached a record $378 million, while AMS revenue was $312 million, down 3% year-over-year. The company's GAAP EPS was $0.48, and non-GAAP EPS was $0.39. TEGNA is increasing its shareholder return of capital commitment to nearly $800 million this year.

TEGNA Inc. reported a total company revenue of $732 million, a 7% decrease year-over-year, primarily due to the absence of political revenue from the prior year's mid-term election cycle. Subscription revenue reached a record $396 million, up 2% year-over-year. The company achieved net income of $200 million on a GAAP basis, or $97 million on a non-GAAP basis.

TEGNA Inc. reported a total company revenue of $740 million, a net income of $104 million, and a first quarter record of $414 million in subscription revenue. The company's results reflect the absence of cyclical even-year events, offset by growth in subscription revenue.

TEGNA Inc. reported fourth-quarter results with an 18% increase in total company revenue, driven by political revenue growth. Subscription revenue also reached a record for the quarter. The company achieved a net income of $219 million on a GAAP basis and an adjusted EBITDA of $361 million.

TEGNA Inc. announced financial results for the third quarter ended September 30, 2022, achieving record total company revenue, subscription revenue, net income, and Adjusted EBITDA. Total company revenue was $803 million, up six percent year-over-year.

TEGNA Inc. reported record second quarter results, with total company revenue up seven percent year-over-year to $785 million. The company achieved record net income of $132 million on a GAAP basis and Adjusted EBITDA of $256 million. The company is on track to be acquired by an affiliate of Standard General in the second half of 2022.

TEGNA Inc. reported record first quarter results across key financial metrics, including total revenue of $774 million, driven by growth in AMS and political revenue. Net income was $134 million, and Adjusted EBITDA reached a record $250 million.

TEGNA's Q4 2021 results reflect a decrease in total revenue compared to the previous year, primarily due to the absence of political revenue. However, the company saw growth in subscription and AMS revenues. TEGNA achieved net income and reported earnings per share on both GAAP and non-GAAP bases, while managing expenses and maintaining a strong cash position.

TEGNA Inc. reported record third-quarter revenue, driven by growth in subscription and advertising and marketing services (AMS) revenue. The company's improving subscriber trends and strong performance in AMS revenue contributed to the positive results. TEGNA has achieved the year-end target of low 3x net leverage, one quarter earlier than planned.

TEGNA Inc. reported record second quarter total company revenue, subscription revenue, advertising and marketing services revenue, net income, and Adjusted EBITDA. The company expects to achieve the high end of new 2020 to 2021 free cash flow as a percentage of revenue guidance range of 21.5 to 22.0 percent.

TEGNA announced record first quarter revenue, net income, and Adjusted EBITDA, driven by advertising and marketing services and subscription revenues. The company's subscriber trends continued to improve year-over-year, and full-year 2021 Premion revenues are expected to accelerate.

TEGNA Inc. reported record financial results for the fourth quarter and full-year ended December 31, 2020, driven by record political advertising revenues, continued strength of high-margin and recurring subscription revenues, and record GAAP net income and Adjusted EBITDA. The company exceeded full-year 2020 guidance provided prior to the COVID-19 pandemic for all key financial metrics.

TEGNA Inc. reported a 34% increase in total company revenue to $738 million in Q3 2020, driven by record political advertising revenue, continued strength in subscription revenue, and stronger than expected advertising and marketing services revenue. Net income was $132 million, and free cash flow was $153 million.

TEGNA Inc. reported an eight percent increase in total company revenue, reaching $578 million. Subscription revenue rose by 37 percent, offsetting a 21 percent decrease in advertising and marketing services revenue due to COVID-19. The company achieved a net income of $20 million on a GAAP basis, and $27 million on a non-GAAP basis.

TEGNA Inc. reported strong first quarter results with a 32% increase in total company revenue, driven by acquisitions and growth in subscription and political revenues. Net income attributable to TEGNA was $86 million, up 17% year-over-year. The company faces uncertainty due to the COVID-19 pandemic impacting non-political advertising revenue.

TEGNA Inc. reported an eight percent increase in total company revenue for the fourth quarter, driven by acquisitions, subscription revenue growth, earlier than anticipated political advertising, and growth in advertising and marketing services revenue. Subscription revenue grew 31 percent year-over-year due to rate increases and acquisitions. The company expects a record year for political advertising in 2020, with revenue exceeding $300 million.