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Glacier Media ( (TSE:GVC) ) has provided an announcement.
Glacier Media Inc. reported a revenue of $141.9 million for 2024, marking an 8.4% decline from the previous year, primarily due to the closure and sale of underperforming print community media operations. Despite this, the company saw a significant improvement in EBITDA, which rose to $9.7 million from a loss of $4.2 million in 2023, attributed to restructuring efforts and enhanced profitability in core operations. The company continues to focus on its core business information and consumer digital sectors, with a strategic shift in reporting segments to better reflect growth areas and manage legacy operations.
More about Glacier Media
Glacier Media Inc. operates a diverse portfolio of business information and consumer digital businesses, serving various industries and markets. The company is known for its leadership in its respective industry and geographic markets.
YTD Price Performance: -9.38%
Average Trading Volume: 11,204
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$18.36M
For an in-depth examination of GVC stock, go to TipRanks’ Stock Analysis page.
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