TGNA Q3 2023 Earnings — TEGNA Inc. Revenue & Financial Results | Market Cap Arena

TGNATEGNA Inc.

$3B

Q3 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$713M-11.2% YoY

Gross Profit

$275M38.6% margin

Operating Income

$135M18.9% margin

Net Income

$96M13.4% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$101M

Free Cash Flow

$87M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$4.2B

Stockholders' Equity

$3.0B

Cash & Equivalents

$553M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$713M	$803M	-11.2%
Gross Profit	$275M	$374M	-26.5%
Operating Income	$135M	$232M	-42.0%
Net Income	$96M	$146M	-34.2%