TEGNA (TGNA) Tops Q4 EPS by 7c
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TEGNA Inc. Reports 2015 Fourth Quarter and Full Year Results
February 16, 2016 8:30 AM ESTHighlights for the full year include the following:
Overall company revenue totaled $3.05 billion, growth of 2 percent on a pro forma, constant currency basis despite the absence of a record $200 million of Olympic and political spending in 2014 Adjusted EBITDA totaled $1.06 billion, an increase of 16 percent Adjusted EBITDA margin of 35 percent, unchanged from 2014 despite the absence of substantial Olympic and political spending Successfully completed long-term affiliation agreements with CBS and NBC and several significant retransmission agreementsHighlights for the fourth quarter include the following:
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