Nexstar Media Group

Nexstar Media Group, Inc. is a television broadcasting and digital media company, which engages in the acquisition, development, and operation of television stations and interactive community websites and digital media services. The firm offers services free over-the-air programming which includes programs produced by networks with which the stations are affiliated, programs that the stations produce, and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. The company was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.

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

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Nexstar Media Group reports record Q1 revenues and strategic growth

Nexstar Media Group's Q1 2023 earnings call highlighted strong financial performance, strategic growth initiatives, and challenges in distribution revenue. The company's focus on expanding agreements, launching new programming, and transitioning to ATSC 3.0 positions it well for future growth and profitability.

Nexstar Media Group surpasses Q2 expectations, eyes 3.0 expansion

Nexstar Media Group's Q2 performance exceeded expectations, driven by scale benefits and strategic investments. Challenges include declining core ad revenue and audience measurement issues, but opportunities lie in 3.0 technology expansion and content investments.

Nexstar anticipates high-margin growth post DIRECTV deal impact

Nexstar faces challenges from soft advertising market but remains confident in its ability to generate free cash flow. The company is strategically positioned as the largest local broadcaster in the U.S. and is focused on driving high-margin revenue growth through successful negotiations and strategic acquisitions.

Nexstar Media Group beats Q4 expectations, eyes growth opportunities

Nexstar Media Group's Q4 2023 performance surpassed expectations, reflecting strong financials and strategic moves. Despite challenges in advertising trends and cost pressures, the company remains focused on leveraging strengths in broadcast television and maximizing opportunities for growth and profitability. With a solid track record and confidence in its strategic direction, Nexstar is poised for continued success in the evolving media landscape.

Nexstar Media Group reports record Q1 revenue and NewsNation success

Nexstar Media Group delivered exceptional financial performance in Q1 2024, driven by strong revenue and profitability. The company's strategic focus on key growth drivers and shareholder value maximization positions it well for future success. Challenges in advertising revenue and cautious stance on streaming require careful navigation, while opportunities in political advertising and strategic partnerships offer avenues for growth.

Nexstar Media Group reports record-breaking Q3 results and navigates regulatory challenges

Nexstar Media Group's Q3 2024 performance reflects robust financial health and a focus on shareholder value. Leveraging its position as a leading local broadcaster, the company navigates regulatory challenges while capitalizing on opportunities for growth and operational efficiency.

Nexstar Media Group reports record revenue and eyes strategic growth

Nexstar Media Group's Q4 2024 earnings showcased remarkable revenue growth and shareholder value returns. The company's focus on broadcast television, local news impact, and strategic partnerships positions it well for future growth. Navigating regulatory changes, seizing M&A opportunities, and advancing technological initiatives are key focus areas for Nexstar.

Nexstar Media Group reports record Q1 performance amidst revenue challenges

Nexstar Media Group's Q1 2025 showcased strong financial performance and content success. While facing revenue challenges, the company's strategic focus on deregulation and M&A readiness is a positive. Opportunities in digital advertising, content expansion, and revenue diversification position Nexstar for future growth. Navigating market volatility and regulatory matters will be key focus areas for sustaining performance.

Nexstar Media Group reports solid Q2 performance and growth opportunities

Nexstar Media Group delivered a solid performance in Q2 2025, showcasing resilience amidst challenges. With a strong commitment to journalism and local news, the company celebrated milestones and remains optimistic about future opportunities. By focusing on regulatory reforms, M&A, and digital advertising growth, Nexstar aims to drive long-term value and revenue expansion.

Nexstar Media Group to Acquire TEGNA, Reports Q3 Performance

Nexstar Media Group faced revenue declines in Q3 but showcased strengths in network performance and cable rankings, with a strategic focus on the TEGNA acquisition. Challenges in advertising revenue were offset by stable nonpolitical advertising and cost management efforts, impacting EBITDA margin and free cash flow. Opportunities lie in post-acquisition expansion, synergies, and audience engagement, positioning Nexstar for growth and market leadership in the future.

Nexstar Media Group reports Q4 revenue decline, eyes digital growth

Nexstar Media Group's Q4 2025 performance reflected a mix of revenue declines and growth, with a strong focus on digital revenue optimization and expense reduction. Renewed agreements and strategic actions position Nexstar well for future growth opportunities, despite challenges in advertising revenue. The company's guidance for 2026 underscores a commitment to driving profitability through digital initiatives and operational efficiency. Navigating shifts in advertising trends while capitalizing on digital growth presents both challenges and opportunities for Nexstar in the coming year.