TGNA Stock Recent News

TYSONS, Va.--(BUSINESS WIRE)--Lynn Beall, TEGNA's executive vice president and chief operating officer of media operations, will depart the company in mid-2025.

TGNA shares are suffering from weak subscription and advertising revenues. Despite higher political revenues, these should keep investors on the sidelines.

TEGNA shares have underperformed despite buybacks, given cord-cutting risks, but political spending and cost discipline offer potential upside. Recent results met expectations, with cost discipline efforts on track and political spending expected to boost Q3/Q4 revenue significantly. Advertising revenue faces cyclical headwinds, but political campaigns and the Olympics are set to drive substantial cash flow in H2 2024, leading to over $650 million of 2024 free cash flow.

TYSONS, Va.--(BUSINESS WIRE)--Ellen Crooke, senior vice president of news, has made the decision to retire from TEGNA in January 2025.

TEGNA (TGNA) reported earnings 30 days ago. What's next for the stock?

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Carrie Yates president and general manager at WZDX in Huntsville, Alabama.

DENVER , Aug. 20, 2024 /PRNewswire/ -- ALLCITY Network, the operator of multi-platform local sports networks, has raised its Series B funding. The round is led by public broadcast company, TEGNA (NYSE: TGNA).

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Jim Kizer president and general manager at WOI and KCWI in Des Moines, Iowa.

TEGNA's (TGNA) second-quarter 2024 results reflect a year-over-year decline in the top line due to lower subscription revenues, partially offset by higher political advertising revenues.

Although the revenue and EPS for TEGNA (TGNA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.