TEGNA (TGNA) Tops Q4 EPS by 5c
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TEGNA Inc. Reports Solid 2019 Fourth Quarter and Full-Year Results, Driving Strong 2020 Guidance
February 11, 2020 8:01 AM ESTEight percent revenue growth in fourth quarter generated by acceleration of subscription and advertising revenues across all new and existing stations Successfully reached multi-year distribution agreements, repricing 50 percent of subscribers in the fourth quarter of 2019, with another 35 percent of subs repricing by the end of 2020 Integration of strategic and accretive acquisitions added approximately $200 million of Adjusted EBITDA on a two-year average basis while only utilizing three points of cap space under the FCC ownership rules
TYSONS, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE:... More
