New Media Investment Group (NEWM) Misses Q2 EPS by 8c

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Fortress Reports Second Quarter 2016 Results and Announces Dividend of $0.09 per Share

July 28, 2016 7:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) (Fortress or the Company) today reported its second quarter 2016 financial results.

FINANCIAL SUMMARY

Fortress declared a cash dividend of $0.09 per dividend paying share for the second quarter 2016 Management Fee Paying Assets Under Management (AUM) of $70.2 billion as of June 30, 2016, down slightly compared to the previous quarter and a decrease of 2% compared to June 30, 2015 GAAP net loss of $27 million, or a $0.07 loss per diluted Class A share, for the second quarter of 2016, compared... More

New Media Announces Second Quarter 2016 Results and Dividend of $0.33 per Common Share; Announces the Acquisition of the Fayetteville Publishing Company

July 28, 2016 6:50 AM EDT

NEW YORK--(BUSINESS WIRE)-- New Media Investment Group Inc. (New Media or the Company, NYSE: NEWM), one of the largest publishers of locally based print and online media in the United States as measured by number of publications, today reported its financial results for the second quarter ended June 26, 2016.

Second Quarter 2016 Financial Summary

New Media declares a cash dividend of $0.33 per common share Total revenues of $314.8 million, an increase of 5.1% to prior year, and a decrease of 3.2% on a same store basis, the fourth... More