Overview
Glacier Media Q3 revenue stable at C$40.3 mln, consistent with prior year
EBITDA increased to C$6.5 mln, driven by higher-margin revenue mix
Net income rose to C$6.7 mln
Outlook
Company did not provide specific future guidance in its press release
Result Drivers
REVENUE MIX - Shift towards higher-margin revenue streams, including subscriptions and data services, drove EBITDA growth
ADVERTISING DECLINE - Advertising revenues negatively impacted by market uncertainty and closure of community media publications
COST MANAGEMENT - EBITDA increase driven by closure of unprofitable print operations and strategic investment monitoring
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
C$40.26 mln
Q3 Net Income
C$6.74 mln
Q3 Capex
C$899,000
Q3 EBITDA
C$6.52 mln
Q3 EBITDA Margin
16.20%
Press Release: ID:nGNXnWTM1
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(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.)