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Glacier Reports First Quarter 2024 Results

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) -- Glacier Media Inc. (TSX:GVC) ("Glacier" or the "Company") reported revenue and earnings for the period ended March 31, 2024. SUMMARY RESULTS (thousands of dollars)   Three months ended March 31,   except share and per share amounts     2024       2023             Revenue   $ 34,750     $ 39,218   EBITDA (1)   $ (322 )   $ (2,241 ) EBITDA (1) margin     (0.9 %)     (5.7 %) EBITDA (1) per share   $ (0.00 )   $ (0.02 ) Capital expenditures   $ 759     $ 1,077   Net loss attributable to common shareholder   $ (4,429 )   $ (5,217 ) Net loss attributable to common shareholder per share   $ (0.03 )   $ (0.04 )           Weighted average shares outstanding, net     131,131,598