TEGNA (TGNA) Tops Q3 EPS by 10c

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Go back to TEGNA (TGNA) Tops Q3 EPS by 10c

TEGNA Inc. Reports Record Single Quarter Revenue; Strong Overall 2020 Third Quarter Results

November 9, 2020 7:45 AM EST

34 percent revenue growth driven by a record-breaking quarter for political advertising revenues, and ongoing strength of subscription business

Performance during uncertain market conditions continues to reflect resiliency of Companys business model and strategic plan

Free cash flow as a percentage of combined 2019/20 revenue is now expected to be 20 to 21 percent, exceeding the pre-COVID 2020 guidance of 19 to 20 percent

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

FINANCIAL HIGHLIGHTS:

Total company... More