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For the three months ended 30 September 2021,Meredith Corporation revenues increased 2% to $708.6M. Netincome applicable to common stockholders decreased 40% to$24.3M. Revenues reflect an increase in demand for theCompany's products and services due to favorable marketconditions. Net income was offset by Local media segmentincome decrease of 27% to $46.6M, Unallocated corporatesegment loss increase of 83% to $31.5M.
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Revenue | 708.6 | 717.9 | 664.5 | 901.5 |
Gross Profit | 442.2 | 453.2 | 412.3 | 635 |
Operating Income | 95.7 | 95.6 | 76 | 248.4 |
Net Income | 24.8 | 36.7 | 79.1 | 148.5 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Assets | 5503.3 | 5565.8 | 5519.2 | 5766.3 |
Total Liabilities | 4822.8 | 4913.7 | 4825.3 | 5156.4 |
Total Equity | 680.5 | 652.1 | 693.9 | 609.9 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 42.3 | 398.6 | 337.8 | 261.8 |
Cash From Investing Activities | -7.8 | 39.5 | 23.1 | -12 |
Cash From Financing Activities | -5.5 | -330.8 | -263.2 | -3.7 |
Net Change in Cash | 28.8 | 107.8 | 98.3 | 246.7 |
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