Glacier Media (TSE:GVC) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Glacier Media Inc. experienced a significant revenue drop in 2023, reporting a net loss of $99.25 million, compared to the previous year’s loss of $29.55 million. The decline in revenue and EBITDA was attributed to a reduction in demand for print media products, restructuring into joint ventures, and the sale of certain assets. Despite these challenges, the company saw some growth in digital media revenues and consistent performance in environmental and property information operations.
For further insights into TSE:GVC stock, check out TipRanks’ Stock Analysis page.