TEGNA (TGNA) Tops Q3 EPS by 6c
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TEGNA Inc. Reports Strong 2016 Third Quarter Results
November 2, 2016 8:30 AM EDTHighlights for the third quarter include the following:
GAAP earnings per diluted share from continuing operations of $0.54 compared to $0.41 per diluted share in the third quarter last year. Non-GAAP earnings per diluted share from continuing operations of $0.65, an increase of 76 percent year-over-year Total company revenues were 14 percent higher driven by strong Media Segment results Media Segment revenues rose over 23 percent reflecting record advertising revenue related to the Summer Olympics and substantial increases in retransmission and political advertising revenues Net income from continuing operations was $119 million; Adjusted... More