TEGNA (TGNA) Misses Q4 EPS by 2c

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TEGNA Inc. Reports Fourth Quarter and Full-Year 2021 Results

February 28, 2022 7:00 AM EST

As previously announced, TEGNA to be acquired by Standard General for $24.00 per share, subject to approval by TEGNA shareholders, regulatory approvals, and other customary closing conditions

Achieved another record for full-year total company revenue in 2021 despite the absence of $385 million of incremental political revenue in 2020; achieved record subscription and AMS revenues for the full-year 2021, and record AMS revenue in the fourth quarter of 2021

Company met or exceeded full-year 2021 guidance for all key financial metrics

Significantly advanced Diversity, Equity & Inclusion (DE&I) goals; conducted diversity and inclusion content audits across all 49 newsrooms; and... More