Glacier Media (TSE:GVC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Glacier Media Inc. reports a significant turnaround with a $0.9 million EBITDA for Q2 2024, marking a recovery from a $3.2 million EBITDA loss in the same quarter of the previous year, despite a 10.2% decline in revenue due to strategic divestment of underperforming print community media operations. The company’s focus on core businesses and digital transformation reflects optimism for sustained growth and enhanced shareholder value.
For further insights into TSE:GVC stock, check out TipRanks’ Stock Analysis page.
