Tribune Media (TRCO) Declares $0.25 Quarterly Dividend; 2.7% Yield
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Tribune Media Company Reports Second Quarter 2016 Results
August 9, 2016 7:15 AM EDTNEW YORK, Aug. 9, 2016 /PRNewswire/ --Â Tribune Media Company (the "Company") (NYSE: TRCO) today reported its results for the three months and six months ended June 30, 2016.
SECOND QUARTER 2016 HIGHLIGHTS (compared to second quarter 2015)
Consolidated operating revenues increased 5% to $526.1 million Consolidated operating profit increased 133% to $46.1 million Consolidated Adjusted EBITDA increased 38% to $127.5 million Diluted loss per common share was $1.76 compared to $0.04 in the second quarter of 2015 and included income tax charges of $2.11 per common share recorded in the second quarter of 2016 related to the Company's 2008 Newsday... More