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NEWM - A Misunderstood Quarter Caused New Media Investment Group To Drop
New Media Investment Group Inc.
On January 6, 2019, I published my first article on New Media Investment Group (NEWM). This article will serve as an update following its Q4 and full-year 2018 earnings release on 02/27/2019. I will discuss its results and how they matched, exceeded, and missed my estimates and expectations as well as what investors can expect going forward. If you want to read an in-depth breakdown of NEWM's individual organic revenue segments, please see my first article: Why I Just Tripled My Equity Ownership Of New Media Investment Group.