KING in Seattle is recognized for Overall Excellence in Large Market Television, marking the fourth consecutive year a TEGNA station receives the honorTYSONS, Va., Aug. 15, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced four of its stations have received 2025 National Edward R. Murrow Awards for excellence in broadcast journalism. KING in Seattle was recognized for Overall Excellence, Large Market Television, marking the fourth consecutive year a TEGNA station has received this honor. The ...

Core Points - TEGNA Inc. will host a conference call to discuss its Q2 2025 earnings results on August 7, 2025, at 11 a.m. ET [1] - The earnings announcement will be released before the market opens on the same day [3] - TEGNA operates 64 television stations in 51 U.S. markets, reaching over 100 million people monthly [3] Access Information - Participants can access the conference call by registering at investors.TEGNA.com at least 10 minutes prior to the start time [2] - After registration, phone participants will receive dial-in numbers and a unique PIN [2] - The webcast will be archived and available on the Investor Relations section of TEGNA's website [3] Company Overview - TEGNA Inc. focuses on providing trusted local news and services that are important to communities [3] - The company aims to build a sustainable future for local news [3]

Core Points - TEGNA Inc. announced that its stations received a total of 59 Regional Edward R. Murrow Awards, with three awards for overall excellence, highlighting the company's commitment to impactful journalism [1][2] - KING in Seattle stood out by winning 11 awards in the large market television category, showcasing its leadership in local news [1][4] - The Edward R. Murrow Awards, sponsored by the Radio Television Digital News Association (RTDNA), recognize outstanding achievements in broadcast and digital journalism [2] Company Overview - TEGNA Inc. operates 64 television stations across 51 U.S. markets, reaching over 100 million people monthly through various platforms including web, mobile apps, streaming, and linear television [3] - The company focuses on providing trusted local news and services that are essential for community empowerment and sustainability in local journalism [3]

Group 1 - TEGNA Inc. shareholders approved all Board of Directors' proposals at the 2025 annual meeting [1] - Board chair Howard D. Elias, CEO Mike Steib, and several independent directors were re-elected [1] - Karen H. Grimes retired from the Board after five years of service [2] Group 2 - Shareholders approved the compensation of named executive officers on an advisory basis [3] - PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the 2025 fiscal year [3] Group 3 - TEGNA operates 64 television stations in 51 U.S. markets, reaching over 100 million people monthly [4]

Core Insights - TEGNA Inc. reported a 5% year-over-year decrease in total revenue, amounting to $680 million, primarily due to lower political advertising revenue and a shift in Super Bowl advertising [4][17] - The company reaffirmed its two-year Adjusted Free Cash Flow guidance for 2024/2025, estimating between $900 million and $1.1 billion [7][25] - TEGNA's net income attributable to the company was $59 million, reflecting a 69% decline compared to the previous year [4][18] Financial Performance - Total company revenue decreased by 5% to $680 million, with distribution revenue remaining flat at $380 million and AMS revenue down 3% to $286 million [4][17] - GAAP operating expenses decreased by 1% to $571 million, while non-GAAP operating expenses remained flat [4][17] - Adjusted EBITDA fell by 22% to $136 million, primarily due to lower political advertising and AMS revenue [4][17] Operational Updates - TEGNA appointed Melissa Zimyeski as vice president of product and Mat Yurow as vice president of growth to enhance digital product management and revenue growth [5] - The company secured local team rights across major sports leagues, including the NBA, WNBA, NHL, and MLB, and expanded partnerships with NFL teams [5] Guidance and Outlook - For the full year 2025, TEGNA expects GAAP revenue to decline by 4% to 7% and non-GAAP operating expenses to remain flat to down 2% [8] - Corporate expenses are projected to be between $40 million and $45 million, with capital expenditures estimated at $50 million to $60 million [7]