New Media Announces Solid First Quarter 2019 Results
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New Media Investment Group (NEWM) Reports Q1 Loss of $0.15 on Revenues of $387.6M
May 2, 2019 6:41 AM EDTNew Media Investment Group (NYSE: NEWM) reported Q1 EPS of ($0.15), versus ($0.01) reported last year. Revenue for the quarter came in at $387.6 million, versus $340.77 million reported last year.
Total Revenues of $387.6 millionOperating loss of $1.4 millionAs Adjusted EBITDA of $33.1 million*Free Cash Flow of $21.0 million*Declared first quarter dividend of $0.38On January 31, 2019, completed purchase of the publishing arm of Schurz... More