TEGNA (TGNA) Tops Q1 EPS by 4c

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TEGNA Inc. Reports 2016 First Quarter Results

April 27, 2016 8:31 AM EDT

Highlights for the first quarter include the following:

GAAP earnings from continuing operations of $0.42 per diluted share. Non-GAAP earnings from continuing operations of $0.45 per diluted share, an 88 percent year-over-year increase Total company revenue up 7 percent and over 8 percent on a pro forma basis driven by strong Media and Digital Segment performances Media Segment revenues 12 percent higher driven by robust growth in retransmission revenue and record first quarter political advertising revenue Digital Segment revenues up over 4 percent on a pro forma, constant currency basis... More