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Media General (MEG)

- NYSE
  • Thu, Aug. 6, 10:42 AM
    • Media General (NYSE:MEG) is reeling, -20%, after its Q2 earnings featured misses on top and bottom lines despite revenue doubling Y/Y.
    • Revenues of $321M (up 108%) included digital revenues of $36M (up 512%). EBITDA of $91M was down 2% but beat an expected $86.9M.
    • Net local revenues were up 9% to $220M. Net national revenues dropped 2% to $53M.
    • Net debt on June 30 was $2.22B; cash and equivalents were $72M.
    • The company's guiding to Q3 net revenues of $316M-$329M, light of a consensus expectation for $333M.
    • Press Release
    | Thu, Aug. 6, 10:42 AM | Comment!
  • Thu, Aug. 6, 7:34 AM
    • Media General (NYSE:MEG): Q2 EPS of $0.01 misses by $0.05.
    • Revenue of $321M (+108.3% Y/Y) misses by $4.96M.
    • Press Release
    | Thu, Aug. 6, 7:34 AM | Comment!
  • Thu, May 7, 7:43 AM
    • Media General (NYSE:MEG): Q1 EPS of -$0.06 misses by $0.03.
    • Revenue of $297M (+106.3% Y/Y) misses by $3.07M.
    • Press Release
    | Thu, May 7, 7:43 AM | Comment!
  • Thu, Feb. 26, 7:34 AM
    • Media General (NYSE:MEG): Q4 EPS of $0.29 misses by $0.02.
    • Revenue of $217M (+97.3% Y/Y) beats by $24.02M.
    • Press Release
    | Thu, Feb. 26, 7:34 AM | Comment!
  • Nov. 6, 2014, 8:05 AM
    • Media General (NYSE:MEG) more than tripled net income in Q3 as the impact of its merger with New Young Broadcating kicked in.
    • The company brought in $21.4M in political revenue, helped by its presence in states with key Senate elections.
    • Total operating costs +4% to $125M.
    • SG&A expenses +5.1 to $39.4M.
    | Nov. 6, 2014, 8:05 AM | Comment!
  • Nov. 6, 2014, 7:57 AM
    • Media General (NYSE:MEG): Q3 EPS of $0.15 misses by $0.05.
    • Revenue of $160.22M (+20.8% Y/Y) misses by $4.13M.
    • Press Release
    | Nov. 6, 2014, 7:57 AM | Comment!
  • Aug. 5, 2014, 7:40 AM
    • Media General (NYSE:MEG): Q2 GAAP EPS of $0.08
    • Revenue of $154.1M (+11.8% Y/Y) beats by $0.77M.
    • Press Release
    | Aug. 5, 2014, 7:40 AM | Comment!
  • Apr. 28, 2014, 8:20 AM
    | Apr. 28, 2014, 8:20 AM | Comment!
  • Feb. 27, 2014, 8:21 AM
    • Media General, Inc. (MEG): Q4 EPS of -$0.07.
    • Revenue of $149.1M. (PR)
    | Feb. 27, 2014, 8:21 AM | Comment!
  • Apr. 9, 2012, 10:11 AM
    Media General (MEG) -1.7% after it warns of a 15% fall in digital revenues in Q1 and an 8%-9% decline in print revs as it copes with higher publishing costs and a weak ad market. However, Media General did forecast a 12%-13% increase in broadcast revenue. (PR)
    | Apr. 9, 2012, 10:11 AM | Comment!
  • Jan. 26, 2012, 8:22 AM
    Media General (MEG): Q4 EPS of $0.20 misses by $0.34. Revenue of $167.7M (-11.6% Y/Y) in-line. (PR)
    | Jan. 26, 2012, 8:22 AM | Comment!
  • Jul. 20, 2011, 12:07 PM
    Media General (MEG -11.7%) gets hit after reporting a wider Q2 loss on diminished revenue from advertising. Print ad revenue - a barometer of economic conditions - dropped nearly 10% in what CEO Marshall Morton characterizes as "a faltering economy."
    | Jul. 20, 2011, 12:07 PM | Comment!
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Company Description
Media General Inc is a provider of news, information and entertainment across network-affiliated television stations, digital media and mobile platforms, serving consumers and advertisers in local markets in the Southeastern United States.