TEGNA (TGNA) Tops Q2 EPS by 1c

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Go back to TEGNA (TGNA) Tops Q2 EPS by 1c

TEGNA Inc. Reports 2017 Second Quarter Results

August 1, 2017 8:50 AM EDT

MCLEAN, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced strong financial results for the 2017 second quarter subsequent to the now completed spin-off of Cars.com and sale of CareerBuilder.

Highlights for the second quarter include the following:

Total company revenue growth from continuing operations of 3 percent; Media revenue growth of 5 percent primarily driven by new initiatives and a substantial increase in subscription revenue GAAP earnings per diluted share from continuing operations of $0.23; non-GAAP earnings per diluted share from continuing operations of $0.29 Net income from... More