Canada's Glacier Media Q2 revenue falls

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

Press Release: ID:nGNX5dWkPl