TEGNA

TEGNA, Inc. is a media company, which serves the greater good of its communities through empowering stories, impactful investigations and innovative marketing services. It also owns multicast networks Justice Network and Quest. The firm also offers marketing solutions to help businesses reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.

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Earnings data Q4 2024

TEGNA terminates merger, focuses on growth strategies amid revenue challenges

TEGNA navigated the termination of a merger agreement, focusing on stand-alone operations with a strong financial strategy.
Despite revenue challenges from political and major event absences, the company saw growth in subscription revenue and OTT advertising.
Recruitment hurdles, political revenue limitations in Texas, and a single account loss for Premion present challenges and opportunities for TEGNA.

TEGNA reports record Q2 revenue, eyes growth opportunities ahead

TEGNA delivered a strong performance in Q2 with record subscription revenue and improved advertising trends.
Despite challenges like slowed net retrans growth, the company's focus on local advertising and strong balance sheet position it well for the future.
Opportunities in repricing, national advertising growth, and shareholder value creation through accretive opportunities are key focus areas.
Transition to a new CFO signals leadership changes while maintaining confidence in the company's future trajectory.

TEGNA achieves record Q3 revenue, faces CFO transition challenges

TEGNA reported strong performance in subscription revenue and advertising verticals, emphasizing shareholder return and strategic growth initiatives.
Challenges include future negotiations with partners, CFO transition, and uncertainties in ATSC 3.0 adoption and business models.
Opportunities lie in driving revenue growth, audience engagement, and exploring M&A opportunities to capitalize on evolving market trends.
Overall, TEGNA's focus on capital allocation, market presence, and adapting to industry changes positions it for continued growth and shareholder value.

TEGNA reports robust financials, eyes streaming growth amid regulatory changes

TEGNA's Q4 and Full Year '23 performance was strong, meeting or exceeding guidance metrics and revenue targets
The company's new capital allocation framework aims to enhance shareholder value over the next 2 years
Strategic acquisitions like Octillion and focus on streaming advertising present growth opportunities for TEGNA
Navigating regulatory challenges and market dynamics while capitalizing on strengths will be key for TEGNA's future success

TEGNA delivers strong Q1 results, eyes local market growth

TEGNA's Q1 performance was solid with positive growth in key areas. While facing challenges in sports rights negotiations and uncertain national trends, the company remains optimistic about local market opportunities. Strong focus on shareholder returns and cost-saving initiatives.

TEGNA meets Q2 guidance, anticipates ad spend uptick in Q3

TEGNA delivered solid Q2 results driven by local ad performance, with optimism for increased ad spend in Q3. The company's focus on cost reduction and growth opportunities sets a positive outlook for the future.

TEGNA reports revenue growth in Q3, eyes cost efficiency and strategic acquisitions

TEGNA's Q3 performance was driven by political advertising and marketing services, with a focus on cost efficiency and shareholder returns
Challenges include subscription revenue decline and cautious outlook post-election, balanced by growth opportunities in local sports rights and strategic acquisitions
Overall, TEGNA remains resilient in revenue streams and committed to optimizing operations for future growth

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TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA shares insights on how its multiplatform ad solutions connect brands with audiences alongside TEGNA's trusted news and entertainment content.

TEGNA Unveils New Automotive and Tourism Attribution Capabilities, National VERIFY Brand and Sports Streaming Offerings at IAB NewFronts

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--Independent proxy advisory firm Egan-Jones recommended that TEGNA shareholders vote “FOR” all 12 of TEGNA's director nominees on the GOLD proxy card.

Egan-Jones Joins Leading Proxy Advisory Firms ISS and Glass Lewis in Recommending TEGNA Shareholders Vote “FOR” ALL 12 TEGNA Director Nominees on the GOLD Proxy Card

NEW YORK, April 29, 2021 /PRNewswire/ -- Standard General L.P., the largest equity holder of TEGNA Inc. ("TEGNA" or the "Company") (NYSE: TGNA), today released an independent investigative report done by private investigations firm, Quest Research & Investigations (QRI), outlining multiple first party allegations of discriminatory practices within TEGNA.

TEGNA's Largest Active Shareholder Commissions Independent Study On The Company's DE&I Issues

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TYSONS, Va.--(BUSINESS WIRE)--TEGNA announces leading independent proxy advisory firm Glass Lewis & Co. joined ISS in recommending vote “FOR” all 12 of TEGNA's director nominees.

Glass Lewis Recommends TEGNA Shareholders Vote “FOR” ALL 12 TEGNA Director Nominees

TYSONS, Va.--(BUSINESS WIRE)--Leading independent proxy advisory firm Institutional Shareholder Services Inc. (ISS) recommends vote “FOR” all 12 of TEGNA's director nominees.

Leading Independent Proxy Advisory Firm ISS Recommends TEGNA Shareholders Vote “FOR” ALL 12 TEGNA Director Nominees

TYSONS, Va.--(BUSINESS WIRE)--TEGNA issues statement in response to Standard General's April 21, 2021 press release:

TEGNA Rejects Standard General's Latest Unfounded Attacks

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NEW YORK, April 21, 2021 /PRNewswire/ -- Standard General L.P., the largest equityholder of TEGNA Inc. ("TEGNA" or the "Company") (NYSE: TGNA), today released an open letter to TEGNA shareholders.

The Change TEGNA Needs - Standard General Calls For Immediate Action To Hold TEGNA's Board Accountable For Long Standing Governance Failures

TEGNA ranked third in terms of profitability and asset efficiency among its peers, and was the most stable in terms of going concern issues. TGNA's revenue increased significantly year over year, but its valuation multiple still has room for improvement.

TEGNA: Prepared To Capitalize On Post-Pandemic Opportunities

TEGNA (TGNA) projects record first-quarter 2021 earnings, driven by higher subscription and AMS revenues. The company also provided second-quarter and full-year 2021 guidance.

TEGNA (TGNA) Estimates Record Q1 Earnings, Raises 2021 View

TYSONS, Va.--(BUSINESS WIRE)--TEGNA announces preliminary financial results for the first quarter ended March 31, 2021.

TEGNA Announces Record Preliminary First Quarter Results, Second Quarter Guidance

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Is TEGNA Inc. (TGNA) Stock Undervalued Right Now?

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TYSONS, Va.--(BUSINESS WIRE)--TEGNA will host a conference call to discuss its first quarter 2021 earnings results on Monday, May 10, 2021 at 9:00 a.m. (ET).

TEGNA to Webcast First Quarter 2021 Earnings Conference Call on Monday, May 10

TYSONS, Va.--(BUSINESS WIRE)--TEGNA announces the debut of Twist, its women-oriented multicast channel featuring lifestyle and reality programming.

TEGNA Debuts Twist Entertainment Network

NEW YORK, April 1, 2021 /PRNewswire/ -- Standard General L.P., the largest active shareholder of TEGNA Inc. (NYSE: TGNA), issued the following letter to fellow TEGNA shareholders calling for change within the Company, urging shareholders to vote on the WHITE proxy card.

Standard General Issues Letter to Fellow TEGNA Shareholders, Calling for Change

TYSONS, Va.--(BUSINESS WIRE)--TEGNA's Board of Directors approves dividend increase of ten cents per share on an annual basis, approximately 36% above the prior dividend.

TEGNA Announces an Increase to Quarterly Dividend of Approximately 36%

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Kristie Gonzales vice president, media operations, overseeing KYTX in Tyler, TX in addition to her current role as president/GM at KVUE.

TEGNA Promotes Kristie Gonzales to Vice President, Media Operations, Overseeing KYTX in Tyler, TX While Continuing to Lead KVUE as President and General Manager

NEW YORK, March 18, 2021 /PRNewswire/ -- Standard General L.P., the largest active shareholder of TEGNA Inc. (NYSE: TGNA), issued the following letter to the TEGNA Board calling for a full investigation into the racially insensitive incident involving TEGNA CEO Dave Lougee.

Standard General Issues Letter to the TEGNA Board

TEGNA Inc. (TGNA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for TEGNA Inc. (TGNA): Time to Buy?

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TEGNA's (TGNA) Shares March Higher, Can It Continue?

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TEGNA's (TGNA) fourth-quarter 2020 results reflect higher subscription revenues and a solid uptrend in political advertising revenues.

News for TEGNA Stock (TGNA)