Glacier Media (TSE:GVC) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Glacier Media Inc. reported a decrease in revenue to $34.8 million and a narrowed EBITDA loss to $0.3 million for Q1 2024, demonstrating progress in the company’s transformation and focus on core digital and information businesses. Despite economic uncertainties leading to reduced capital expenditures, Glacier Media is streamlining operations, with improved cash flows from remaining print media assets and investments in technology where it sees potential for growth.
For further insights into TSE:GVC stock, check out TipRanks’ Stock Analysis page.
