Glacier Media First Quarter 2025 financial results highlights:
— “Consolidated revenue for the quarter ended March 31, 2025, was $32.5 million, down $2.3 million or 6.5% from the same quarter in the prior year. The consolidated EBITDA loss for the period was $1.2 million, an increased loss of $0.9 million from an EBITDA loss of $0.3 million for the same quarter in the prior year. Capital expenditure for the period was $1.3 million compared to $0.8 million for the same quarter in the prior year.”
— “The revenue decline was primarily driven by lower advertising revenues … Revenue also decreased as the result of the closure or sale of community media publications over the past 12 months.”
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