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For the nine months ended 30 September 2016, Media General Inc revenues increased 15% to $1.08B. Net loss increased 41% to $76.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Goodwill and other intangible impairment increase from $52.9M to $112.5M (expense), Merger-related expenses increase from $18.9M to $68.8M (expense).
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 377.36 | 362.71 | 343.46 | 365.95 |
Gross Profit | 222.54 | 209.11 | 192.32 | 213.25 |
Operating Income | -29.08 | 59.79 | -17.64 | 54.13 |
Net Income | -68.71 | 18.5 | -26.19 | 14.83 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 4197.35 | 4319.49 | 4324.76 | 4376.11 |
Total Liabilities | 2830.11 | 2885.49 | 2911.7 | 2928.14 |
Total Equity | 1367.24 | 1434 | 1413.06 | 1447.97 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 141.66 | 38.71 | -4.8 | 156.95 |
Cash From Investing Activities | -27.94 | -18.36 | -2.8 | 65.93 |
Cash From Financing Activities | -96.99 | -36.06 | 0.1 | -225.71 |
Net Change in Cash | 16.73 | -15.71 | -7.5 | -2.83 |
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