Overview
* Glacier Media ( GLMFF ) 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/Mis Actual Consensu
s s
Estimate
Q3 C$40.26
Revenue mln
Q3 Net C$6.74
Income mln
Q3 Capex C$899,00
0
Q3 C$6.52
EBITDA mln
Q3 16.20%
EBITDA
Margin
Press Release:
For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .
(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.)