TEGNA (TGNA) Tops Q2 EPS by 1c

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TEGNA Inc. Announces Record Second Quarter Results and Provides Third Quarter Guidance

August 9, 2021 7:00 AM EDT

Achieves record second quarter total company revenue, subscription revenue, advertising and marketing services revenue, net income, and Adjusted EBITDA

Expects to achieve the high end of new 2020 to 2021 free cash flow as a percentage of revenue guidance range of 21.5 to 22.0 percent

Improving subscriber trends year-over-year, which increased more than a full percentage point in five months

Accelerating, strong advertising and marketing services revenue despite negative impact of current supply chain issues in auto category

TYSONS, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA)... More