Overview
Glacier Media Q2 revenue falls 2.7% yr/yr, driven by lower advertising revenues
Company reports EBITDA loss of C$0.4 mln, impacted by strategic investment spending
Net loss attributable to common shareholders increases amid economic uncertainty and tariffs
Result Drivers
ADVERTISING REVENUE DECLINE - Lower advertising revenues primarily drove the decline in revenue
TARIFF IMPACT - Economic uncertainty and tariffs from the US and China affected agricultural and community media publications
PUBLICATION CHANGES - Closure or sale of community media publications contributed to revenue decrease
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
C$32.62 mln
Q2 Net Income
-C$5.36 mln
Q2 Capex
C$1.43 mln
Q2 EBITDA
-C$431,000
Q2 EBITDA Margin
-1.3%
Press Release: ID:nGNX5dWkPl
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)