Glacier Media (TSE:GVC) has released an update.
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Glacier Media reported a 5.7% drop in quarterly revenue due to the closure and sale of underperforming print media operations, but saw a significant boost in EBITDA, reflecting improved profitability in core businesses. The company has shifted its focus towards environmental risk, compliance information, and consumer digital businesses, aiming for long-term growth and enhanced shareholder value.
For further insights into TSE:GVC stock, check out TipRanks’ Stock Analysis page.