TGNA Q2 2024 Earnings — TEGNA Inc. Revenue & Financial Results | Market Cap Arena

TGNATEGNA Inc.

$3B

Q2 2024 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$710M-2.9% YoY

Gross Profit

$249M35.1% margin

Operating Income

$142M20.0% margin

Net Income

$82M11.6% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$125M

Free Cash Flow

$109M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$4.3B

Stockholders' Equity

$2.8B

Cash & Equivalents

$446M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$710M	$732M	-2.9%
Gross Profit	$249M	$301M	-17.1%
Operating Income	$142M	$282M	-49.6%
Net Income	$82M	$200M	-58.9%