TEGNA (TGNA) Tops Q1 EPS by 1c, Revenues Beat

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Go back to TEGNA (TGNA) Tops Q1 EPS by 1c, Revenues Beat

TEGNA Inc. Reports Strong 2020 Final First Quarter Results

May 7, 2020 8:00 AM EDT

Thirty-two percent revenue growth in the first quarter driven by strength in subscription and political revenues; net income increased by 17 percent and Adjusted EBITDA increased thirty-nine percent, benefiting from high-margin political revenues and recent acquisitions

TYSONS, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced financial results for the first quarter ended March 31, 2020.1

FIRST QUARTER HIGHLIGHTS:

Total company revenue was $684 million in the first quarter, up 32 percent year-over-year and in-line with prior guidance and the figure provided in our preliminary first quarter results... More