New Media Investment Group (NEWM) Tops Q4 EPS by 18c

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Go back to New Media Investment Group (NEWM) Tops Q4 EPS by 18c

New Media Announces Strong Fourth Quarter & Full Year 2017 Results, Dividend of $0.37 per Common Share and the Anticipated Acquisition of the Eugene, Oregon Register-Guard for $14.25 million

February 28, 2018 6:50 AM EST

NEW YORK--(BUSINESS WIRE)-- New Media Investment Group Inc. (New Media or the Company, NYSE: NEWM) today reported its financial results for the fourth quarter and full year ended December 31, 2017.

Fourth Quarter 2017 Financial Summary

New Media declares a cash dividend of $0.37 per common share for the fourth quarter of 2017 Total revenues of $394.4 million, an increase of 18.2% to prior year on a reported basis, and down 5.6% on an organic same store basis, an improvement of 80bps sequentially, from the third quarter Digital revenue of $41.7 million, an... More