New Media Investment Group (NEWM) Misses Q1 EPS by 4c

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New Media Announces First Quarter 2015 Results and a 10.0% Increase in its Dividend to $0.33 per Common Share

April 30, 2015 7:05 AM EDT

NEW YORK--(BUSINESS WIRE)-- New Media Investment Group Inc. (New Media or the Company, NYSE: NEWM) today reported its financial results for the first quarter ended March 29, 2015.

Financial Summary

New Media declares a cash dividend of $0.33 per share of common stock for the first quarter 2015, a 10.0% increase vs. Q4 2014 Total revenues of $250.6 million, an increase of 76.4% to prior year, and a decrease of 0.1% on a same store basis* Digital revenue of $21.3 million, an increase of 7.5% to the prior year on a same store... More