TEGNA (TGNA) Tops Q4 EPS by 4c, Revenues Beat
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TEGNA Inc. Reports Record 2018 Fourth Quarter and Strong Full Year Results
March 1, 2019 7:34 AM EST31 percent revenue growth contributed to record fourth quarter free cash flow
MCLEAN, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced financial results for the fourth quarter and full year ended December 31, 2018 and 2019 guidance.
Highlights for the fourth quarter include:
Record total company revenue of $642 million was up 31 percent.Record political revenue of $140 million increased 51 percent from the prior 2014 mid-term cycle. Record subscription revenue of $218 million grew 22 percent, reflecting eight consecutive months of year-over-year subscriber growth.... More
