TEGNA (TGNA) Reports In-Line Q2 EPS

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TEGNA Inc. Reports 2020 Second Quarter Results

August 10, 2020 7:30 AM EDT

Eight percent revenue growth during unprecedented market conditions

Full year political advertising revenue now expected to be at least $370 million

Full year subscription revenue still expected to be up mid-twenties percent

TYSONS, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced financial results for the second quarter ended June 30, 2020.1

SECOND QUARTER HIGHLIGHTS:

Total company revenue was $578 million in the quarter, up eight percent year-over-year. The increase was driven by acquisitions, continued growth in subscription revenue, and political revenue, partially... More