Mediaco revises pro forma financials for Estrella acquisition; FY23 pro forma loss $44.4M

Mediaco Holding Inc.

Pro forma net loss attributable to common shareholders for FY2023: $(44.4M), or $(0.84) per share.
Pro forma net loss for nine months ended Sep 30, 2024: $(20.6M), or $(0.38) per share.
Amendment updates preliminary purchase price allocation and consolidates Estrella VIE as of April 17, 2024.
Pro forma combined revenue: $122.6M (FY2023) and $84.5M (nine months 2024).

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