New Media Investment Group (NEWM) Reports Q1 Loss of $0.15 on Revenues of $387.6M

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Go back to New Media Investment Group (NEWM) Reports Q1 Loss of $0.15 on Revenues of $387.6M

New Media Announces Solid First Quarter 2019 Results

May 2, 2019 6:30 AM EDT

Total Revenues of $387.6 million Operating loss of $1.4 million As Adjusted EBITDA of $33.1 million* Free Cash Flow of $21.0 million* Declared first quarter dividend of $0.38 On January 31, 2019, completed purchase of the publishing arm of Schurz Communications

NEW YORK--(BUSINESS WIRE)-- New Media Investment Group Inc. (NYSE: NEWM) today reported its financial results for the first quarter ended March 31, 2019.

($ in million, except per share)

GAAP Reporting

Q1 2019

Q1 2018

Revenues $ 387.6 $ 340.8... More