TGNA Q1 2024 Earnings — TEGNA Inc. Revenue & Financial Results | Market Cap Arena

TGNATEGNA Inc.

$3B

Q1 2024 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$714M-3.5% YoY

Gross Profit

$284M39.7% margin

Operating Income

$138M19.3% margin

Net Income

$189M26.4% margin

EPS (Diluted)

$1.06

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$100M

Free Cash Flow

$95M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$4.3B

Stockholders' Equity

$2.8B

Cash & Equivalents

$431M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$714M	$740M	-3.5%
Gross Profit	$284M	$313M	-9.5%
Operating Income	$138M	$174M	-20.7%
Net Income	$189M	$104M	+82.2%