TEGNA Q1 2022 Earnings Report
Key Takeaways
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.
Total company revenue was a first quarter record of $774 million, up six percent year-over-year.
Subscription revenue was a record $392 million, up one percent year-over-year.
AMS revenue was a first quarter record of $354 million, up ten percent year-over-year.
Free cash flow was a first quarter record of $182 million.
TEGNA
TEGNA
TEGNA Revenue by Segment
Forward Guidance
TEGNA expects to complete proposed acquisition by an affiliate of Standard General in the second half of 2022, subject to closing conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income