Companywide revenues were up 7% to $781.7 million, with media revenues climbing 12% to $443.8 million. Net income soared 33% to $92.9 million.
Political advertising grew 151% over the first quarter of 2012 -- the last Presidential election year to land -- at $15.7 million, and 50% higher over 2014.
Eleven CBS Tegna stations carried the Super Bowl this first quarter versus 17 NBC stations a year ago. Tegna says excluding the impact of the Super Bowl, core advertising was “up slightly.” Including the Super Bowl, core advertising was down 1.6% to $249.0 million.
Tegna’s Wednesday stock price was down 2.5% to $23.41.
Retrans/online revenues grew 33% to $146.8 million. Online revenues were up 16% to $27.7 million.
In addition, digital revenues from Tegna's stand-alone businesses grew 4% $338.0 million. Cars.com’s revenues were up 9.4%, with CareerBuilder.com down 2.3%.
Tegna Media's 46 TV stations reach about one-third of all U.S. TV households.