TEGNA Inc (TGNA) Tops Q3 EPS by 1c

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Go back to TEGNA Inc (TGNA) Tops Q3 EPS by 1c

TEGNA Inc. Reports a 28 Percent Increase in 2015 Third Quarter Non-GAAP Earnings per Share from Continuing Operations and a 22 Percent Increase in Adjusted EBITDA

October 20, 2015 8:31 AM EDT

Highlights for the quarter include the following:

Earnings from continuing operations of $0.37 per diluted share on a non-GAAP basis, a 28 percent year-over-year increase driven by strong Digital Segment results Overall company revenue growth of 19 percent, also driven by strong Digital Segment results and despite the absence of significant political spending in the same quarter last year Digital Segment revenue increased 72 percent due to the acquisition of and substantially better results at Cars.com Adjusted EBITDA totaled $267 million, a 22 percent year-over-year increase... More