TEGNA (TGNA) Tops Q3 EPS by 2c, Revenues Beat

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TEGNA Inc. Reports 2018 Third Quarter Results and Record Full-Year Political Revenue

November 8, 2018 7:31 AM EST

Full-year political revenue exceeded previous mid-term election record by 50 percent

MCLEAN, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced results for the third quarter ended September 30, 2018 and all-time record political revenue for the third quarter and full-year. Full-year revenue growth is expected to increase mid-teens, at the high end of the previous guidance range.

Highlights include:

Total company revenue from continuing operations in the third quarter was $539 million, up 16 percent year-over-year and in line with the guidance range provided last quarter. Adjusted total company revenue,... More