TEGNA (TGNA) Tops Q2 EPS by 2c
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TEGNA Inc. Reports 2018 Second Quarter Results
August 7, 2018 7:30 AM EDTMCLEAN, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced solid results for the second quarter ended June 30, 2018.
Highlights for the second quarter of 2018:
Total company revenue from continuing operations grew seven percent year-over-year, at the high end of the guidance range provided last quarter, driven by subscription revenue growth and higher political revenue. Adjusted revenue, excluding political advertising and previously terminated digital businesses, was up five percent year-over-year. Subscription revenue was 16 percent higher year-over-year, a $29 million increase, on track to achieve guidance of... More