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TEGNA(TGNA) - 2025 Q1 - Quarterly Results
TGNATEGNA(TGNA)2025-05-08 12:09

FOR IMMEDIATE RELEASE Thursday, May 8, 2025 See Table 3 for details 1 1 • Total company revenue decreased 5% to 680millioninlinewithourguidance.Theprimarydriversofthedeclinewerelowerpoliticaladvertisingrevenueconsistentwithcyclicaleven−to−oddyearcomparisonandloweradvertisingandmarketingservices(AMS)revenueduetoourSuperBowlfootprintthisyearversuslastyear.•Distributionrevenueof680 million in line with our guidance. The primary drivers of the decline were lower political advertising revenue consistent with cyclical even-to-odd year comparison and lower advertising and marketing services (AMS) revenue due to our Super Bowl footprint this year versus last year. • Distribution revenue of 380 million was flat primarily due to a favorable comparison with the prior year peri ...