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Sep 30, 2022
TEGNA Q3 2022 Earnings Report
TEGNA reported record third quarter total company revenue, subscription revenue, net income, and Adjusted EBITDA.
Key Takeaways
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.
Total company revenue was a third quarter record of $803 million, up six percent year-over-year.
Subscription revenue was a third quarter record of $377 million, up two percent year-over-year.
TEGNA achieved record third quarter net income of $146 million on a GAAP basis, or $147 million on a non-GAAP basis.
Total company Adjusted EBITDA was a third quarter record of $266 million, representing an increase of nine percent compared to the third quarter of 2021.
TEGNA
TEGNA
TEGNA Revenue by Segment
Revenue by Segment
Advertising & Mktg Svcs Revenue
CapyFin.comPolitical Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
On track to complete proposed acquisition by an affiliate of Standard General in the second half of 2022, subject to regulatory approvals and customary closing conditions
Revenue & Expenses
Visualization of income flow from segment revenue to net income