TEGNA Inc. (TGNA) reported preliminary financial results for the fourth quarter. The company expects to record adjusted EBITDA to be in the range of $424-$429 million, an increase of 85 to 88 percent year-on-year. Revenue is projected to be in the range of $932-$937 million, up 34 to 35 percent.

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TEGNA Inc. (TGNA) reported preliminary financial results for the fourth quarter. The company expects to record adjusted EBITDA to be in the range of $424-$429 million, an increase of 85 to 88 percent year-on-year. Revenue is projected to be in the range of $932-$937 million, up 34 to 35 percent.

RTTNews | Jan 6, 2021 07:33AM EST

07:33 Wednesday, January 6, 2021 (RTTNews.com) - TEGNA Inc. (TGNA) reported preliminary financial results for the fourth quarter. The company expects to record adjusted EBITDA to be in the range of $424-$429 million, an increase of 85 to 88 percent year-on-year. Revenue is projected to be in the range of $932-$937 million, up 34 to 35 percent.

TEGNA Board has authorized the renewal of its share repurchase program which allows the company to repurchase up to $300 million of its issued and outstanding common stock over the next three years.

Read the original article on RTTNews ( https://www.rttnews.com/3158100/tegna-reports-preliminary-q4-results-renews-share-repurchase-program.aspx)

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