Glacier Media’s Strategic Shift Leads to EBITDA Recovery

Glacier Media (TSE:GVC) has released an update.

Glacier Media Inc. reports a significant turnaround with a $0.9 million EBITDA for Q2 2024, marking a recovery from a $3.2 million EBITDA loss in the same quarter of the previous year, despite a 10.2% decline in revenue due to strategic divestment of underperforming print community media operations. The company’s focus on core businesses and digital transformation reflects optimism for sustained growth and enhanced shareholder value.

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