TGNA Q1 2023 Earnings — TEGNA Inc. Revenue & Financial Results | Market Cap Arena

TGNATEGNA Inc.

$3B

Q1 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$740M-4.4% YoY

Gross Profit

$313M42.3% margin

Operating Income

$174M23.4% margin

Net Income

$104M14.0% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-19.3%

Cash Flow

Operating Cash Flow

$170M

Free Cash Flow

$168M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$4.2B

Stockholders' Equity

$3.2B

Cash & Equivalents

$683M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$740M	$774M	-4.4%
Gross Profit	$313M	$363M	-13.6%
Operating Income	$174M	$209M	-17.0%
Net Income	$104M	$134M	-22.6%