August 30, 2016 9:44 AM ET

Media

Company Overview of TEGNA Inc.

Company Overview

TEGNA Inc. engages in media and digital businesses in the United States. The company operates in two segments, Media and Digital. It operates 46 television stations that produce local programming, such as news, sports, and entertainment. The company also operates Cars.com, an online destination for automotive consumers that offers information about car shopping, selling, and servicing; CareerBuilder, which provides human capital solutions, such as employment data and labor market analysis software, talent management software, and other advertising and recruitment solutions; G/O Digital that provides digital marketing services for local businesses; and Cofactor, a digital marketing company th...

7950 Jones Branch Drive

McLean, VA 22107

United States

Founded in 1906

10,020 Employees

Phone:

703-854-6000

Key Executives for TEGNA Inc.

Chief Executive Officer, President, Director, Member of Executive Committee, Member of Transformation Committee and Member of Executive Compensation Committee
Age: 64
Total Annual Compensation: $3.8M
Chief Financial Officer and Executive Vice President
Age: 51
Total Annual Compensation: $1.4M
President of Media
Age: 57
Total Annual Compensation: $1.4M
President of Digital Ventures
Age: 65
Total Annual Compensation: $1.1M
Chief Legal & Administrative Officer and Executive Vice President
Age: 56
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2015.

TEGNA Inc. Key Developments

Tegna Inc. Declares Dividend, Payable on October 3, 2016

TEGNA Inc.’s Board of Directors declared a dividend of 14 cents per share, payable on October 3, 2016 to stockholders of record as of the close of business on September 9, 2016.

TEGNA Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

TEGNA Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported operating revenues were $811.785 million against $756.672 million a year ago, increased by 7.3%. Operating income was $226.594 million against $185.689 million a year ago. Income before income taxes was $161.991 million against $87.880 million a year ago. Income from continuing operations was $114.385 million against $54.156 million a year ago. Net income from continuing operations attributable to the company was $99.451 million or $0.45 per diluted share against $38.532 million or $0.17 per diluted share a year ago. Non-GAAP operating income was $237.172 million against $199.367 million a year ago. Non-GAAP income before income taxes was $177.623 million against $128.691 million a year ago. Non-GAAP net income from continuing operations attributable to the company was $109.165 million against $70.377 million a year ago. Adjusted EBITDA (non-GAAP basis) was $288.051 million against $253.288 million a year ago. Net cash flow from operating activities was $102.186 million. Purchase of property, plant and equipment was $23.601 million. Non-GAAP EPS increased 66.7% to $0.50 compared to $0.30 per diluted share a year ago. For the six months, the company reported operating revenues were $1,593.517 million against $1,488.163 million a year ago. Operating income was $428.513 million against $368.161 million a year ago. Income before income taxes was $307.509 million against $222.897 million a year ago. Income from continuing operations was $217.795 million against $138.158 million a year ago. Net income from continuing operations attributable to the company was $192.369 million or $0.87 per diluted share against $107.944 million or $0.47 per diluted share a year ago. Non-GAAP operating income was $449.489 million against $375.051 million a year ago. Non-GAAP income before income taxes was $334.192 million against $231.240 million a year ago. Non-GAAP net income from continuing operations attributable to the company was $209.126 million or $0.94 per diluted share against $125.773 million or $0.54 per diluted share a year ago. Adjusted EBITDA (non-GAAP basis) was $550.891 million against $481.939 million a year ago. Net cash flow from operating activities was $229.244 million. Purchase of property, plant and equipment was $40.050 million.

TEGNA Inc. to Report Q2, 2016 Results on Jul 26, 2016

TEGNA Inc. announced that they will report Q2, 2016 results at 10:00 AM, US Eastern Standard Time on Jul 26, 2016

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