TGNA Q4 2023 Earnings — TEGNA Inc. Revenue & Financial Results | Market Cap Arena

TGNATEGNA Inc.

$3B

Q4 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$726M-20.9% YoY

Gross Profit

$303M41.7% margin

Operating Income

$144M19.8% margin

Net Income

$76M10.4% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$178M

Free Cash Flow

$153M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$4.3B

Stockholders' Equity

$2.7B

Cash & Equivalents

$361M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$726M	$917M	-20.9%
Gross Profit	$303M	$484M	-37.5%
Operating Income	$144M	$328M	-56.2%
Net Income	$76M	$218M	-65.4%