Gray TV

Gray Television, Inc. is a television broadcasting company, which engages in owning and operating television stations and digital assets in markets throughout the United States. It operates through the following segments: Broadcasting, and Production Companies. The Broadcasting segment operates television stations located across local markets in the United States. The firm's segment includes the production of television and event content. The company was founded in January 1897 and is headquartered in Atlanta, GA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Gray TV reports record revenue in Q4 2022 earnings call

Gray TV's strong financial performance in Q4 2022 and strategic focus on reducing leverage position the company well for future growth.
Stable subscriber counts and expectations of revenue growth from various sources indicate resilience and adaptability in a changing TV landscape.
Challenges in subscriber declines and macroeconomic uncertainties are being addressed through strategic initiatives and cautious evaluation of projects.

Gray TV surpasses revenue targets, eyes growth in local markets

Gray Television's Q1 2023 performance exceeded expectations, with strong revenue and optimistic outlook for core revenue growth.
The company's focus on local news content, strategic agreements, and infrastructure development position it well for future opportunities.
Challenges in personnel recruitment and financial uncertainties are areas of concern that Gray TV aims to address.
Overall, Gray Television's resilience, market relevance, and strategic initiatives bode well for its future growth and value creation.

Gray TV beats estimates, eyes political revenue, and strategic growth

Gray TV's Q2 2023 earnings call showcased strong financial performance, strategic partnerships, and industry recognition. While facing challenges related to political revenue uncertainties and industry disruptions, the company remains focused on deleveraging and exploring growth opportunities. With a solid foundation in core advertising and retransmission revenue, Gray TV is poised for continued success in the evolving media landscape.

Gray TV reports strong Q3 growth, eyes political ad revenue

Gray Television (GTN) showcased robust performance in core, retransmission, and political revenue, with a positive outlook on Assembly Studios' revenue potential.
The company's strengths lie in core advertising success, Assembly Studios' value, and debt-free financing, while facing challenges in sports deals and Charter Disney impacts.
Opportunities include increased political ad revenue, digital platform growth, and next-gen technology rollout, positioning Gray TV for continued success.

Gray TV reports strong 2023 revenue growth, eyes deleveraging and growth opportunities in 2024

Gray Television's 2023 performance showcased strong revenue growth and successful initiatives in advertising and content. Despite a net loss in Q4 '23, the company remains optimistic about its outlook for 2024, focusing on deleveraging and seizing growth opportunities.

Gray TV (GTN) reports robust Q1 earnings, eyes growth opportunities

Gray TV (GTN) delivered strong Q1 results, focusing on revenue diversification, financial stability, and debt reduction for long-term sustainability.
Despite challenges like political advertising displacement and delayed project revenues, the company is well-positioned to capitalize on growth opportunities.
Strategic partnerships, content quality recognition, and technological advancements present avenues for revenue growth and market competitiveness.
A prudent financial strategy, commitment to deleveraging, and focus on local market strengths underpin Gray Television's resilience in a dynamic industry landscape.

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Gray Television (GTN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search Gray Television, Inc. (GTN): Here is What You Need to Know

Gray Television (GTN) concluded the recent trading session at $5.64, signifying a +1.99% move from its prior day's close.

Gray Television (GTN) Exceeds Market Returns: Some Facts to Consider

Recently, Zacks.com users have been paying close attention to Gray Television (GTN). This makes it worthwhile to examine what the stock has in store.

Here is What to Know Beyond Why Gray Television, Inc. (GTN) is a Trending Stock

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Brokers Suggest Investing in Gray Television (GTN): Read This Before Placing a Bet

In the most recent trading session, Gray Television (GTN) closed at $5.67, indicating a +1.25% shift from the previous trading day.

Why Gray Television (GTN) Outpaced the Stock Market Today

ATLANTA, Oct. 09, 2024 (GLOBE NEWSWIRE) --  Gray Media (NYSE: GTN) today announced that it will release its earnings results for the quarter ended September 30, 2024 on Friday, November 8, 2024.

Gray Sets Date for Third Quarter Earnings Release and Earnings Conference Call

Zacks.com users have recently been watching Gray Television (GTN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Trending Stock Gray Television, Inc. (GTN) a Buy Now?

In the latest trading session, Gray Television (GTN) closed at $5.34, marking a -1.84% move from the previous day.

Gray Television (GTN) Falls More Steeply Than Broader Market: What Investors Need to Know

Atlanta, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that Local News Live, its 24/7 streaming news network, launched standalone apps for connected TVs and smartphones.   These new apps are now available to download for free by searching “LNL” on Roku, Amazon Fire, Apple TV, iOS, and Android streaming devices.

Local News Live Launches New Streaming Apps

ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the retirements of two veteran broadcasters. In Monroe, Louisiana, Laura Long is retiring as the General Manager of KNOE effective October 4, 2024. In Sherman, Texas, Rick Dean will retire as the General Manager of KXII effective December 31, 2024.

Gray Announces Two General Manager Retirements

ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) --  Gray Media (NYSE: GTN) today announced that its local television stations have raised more than $290,000 for Hurricane Helene response efforts, and Gray itself will donate an additional $50,000 to the relief fund.   The money raised will provide immediate aid as well as long-term assistance for residents impacted by the deadly storm system that took the lives of more than 200 people and left a path of destruction across six states.

Gray Media and Stations Raise More Than $340,000 for Hurricane Helene Relief

Gray Television (GTN) closed at $5.36 in the latest trading session, marking a +0.94% move from the prior day.

Gray Television (GTN) Laps the Stock Market: Here's Why

Is Most-Watched Stock Gray Television, Inc. (GTN) Worth Betting on Now?

In the most recent trading session, Gray Television (GTN) closed at $5.21, indicating a +1.56% shift from the previous trading day.

Gray Television (GTN) Advances But Underperforms Market: Key Facts

Gray Television, Inc. (GTN) is Attracting Investor Attention: Here is What You Should Know

ATLANTA , Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that InvestigateTV+, its award-winning 30-minute news magazine, is now cleared on weekends in 67% of the U.S for the 2024 – 2025 season.   The weekday edition of the program is also expanding its reach to 46% of the U.S. this fall. InvestigateTV+ and InvestigateTV+ Weekend will launch their new seasons the week of September 9th.

InvestigateTV+ Grows Clearances for 2024 – 2025 Season

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Wall Street Bulls Look Optimistic About Gray Television (GTN): Should You Buy?

Gray Television (GTN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Gray Television, Inc. (GTN) Is a Trending Stock: Facts to Know Before Betting on It

Wall Street Analysts Think Gray Television (GTN) Is a Good Investment: Is It?

ATLANTA, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced comprehensive coverage plans for the 2024 Democratic National Convention.

Gray Media Announces Coverage Plans for 2024 Democratic National Convention

Gray Television is the second-largest local television broadcaster in the US, with stations in 114 markets. Gray Television's stock price plunged after mixed second-quarter results, but the company still has potential for growth. GTN is expected to benefit from a surge in political advertising revenue for the 2024 general election. Every dollar of debt paid off should translate into accretion for equity holders.

Gray Television: Bumpy Ride But Thesis Intact

Gray Television, Inc. (NYSE:GTN ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Hilton Howell - Chairman and CEO Kevin Latek - CLO and CDO Jeff Gignac - CFO Pat LaPlatney - President and Co-CEO Sandy Breland - COO Conference Call Participants Daniel Kurnos - Benchmark Company James Goss - Barrington Research Craig Huber - Huber Research Avi Steiner - JPMorgan Steven Cahall - Wells Fargo Mike Kerrane - Truist Securities David Hamburger - Morgan Stanley Operator Welcome, ladies and gentlemen, to the Gray Media Conference Call. [Operator Instructions] And without further ado, I will now turn the program over to our Chairman and CEO, Hilton Howell, Jr. Hilton Howell Thank you, operator.

Gray Television, Inc. (GTN) Q2 2024 Earnings Call Transcript

Gray Television (GTN) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.10 per share a year ago.

Gray Television (GTN) Misses Q2 Earnings and Revenue Estimates

ATLANTA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on September 30, 2024, to shareholders of record at the close of business on September 13, 2024.

GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

ATLANTA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray Media,” “Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the second quarter ended June 30, 2024, including total revenue of $826 million and total operating expenses (before depreciation, amortization and loss on disposal of assets) of $607 million. While we are overall pleased with our results in the second quarter, macro-economic and other factors largely beyond our control appear likely to result in somewhat lower revenues for the year than we previously anticipated.

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