TEGNA (TGNA) Tops Q1 EPS by 2c, Revenues Beat; Provides Q2 & FY19 Growth Outlook

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Go back to TEGNA (TGNA) Tops Q1 EPS by 2c, Revenues Beat; Provides Q2 & FY19 Growth Outlook

TEGNA Inc. Reports Solid 2019 First Quarter Results

May 9, 2019 7:30 AM EDT

Strength of organic growth resulted in performance at the high-end of first quarter revenue expectations

Announced acquisition of 11 local television stations in eight markets will be financially accretive immediately, and a strategic fit for TEGNAs Big Four affiliate portfolio

TYSONS, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced financial results for the first quarter ended March 31, 2019. Key operating metrics all performed at the high-end of previously announced guidance.

Highlights include:

Total company revenue was $517 million, up three percent year-over-year... More