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TVA Group Inc. Faces Q1 Revenue Decline

Tva Group Inc. B Nv (TSE:TVA.B) has released an update.

TVA Group Inc. experienced a downturn in Q1 2024 with revenues dropping by 5.1% to $129.16 million and a net loss of $17.9 million, though this was a slight improvement from the previous year. The Broadcasting segment saw some cost savings, while the Film Production & Audiovisual Services segment enjoyed a rise in rental activities. The Magazines and Production & Distribution segments had small variances in their performance due to cost management efforts and mixed results in their respective activities.

For further insights into TSE:TVA.B stock, check out TipRanks’ Stock Analysis page.

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