Overview
* Glacier Media ( GLMFF ) 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/Mis Actual Consensu
s s
Estimate
Q2 C$32.62
Revenue mln
Q2 Net -C$5.36
Income mln
Q2 Capex C$1.43
mln
Q2 -C$431,0
EBITDA 00
Q2 -1.3%
EBITDA
Margin
Press Release:
(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.)