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 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

Earnings data Q4 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.

Gray TV (GTN) reports stellar Q3 results amidst ad revenue challenges

Gray TV's Q3 2024 performance reflects robust revenue growth, improved profitability, and efficient cost management, showcasing the company's financial strength and strategic focus.
While facing challenges in core ad revenue and political ad revenue, Gray TV's emphasis on debt reduction, operational excellence, and market diversification positions it well for future growth.
By addressing challenges, capitalizing on strengths, and seizing opportunities, Gray TV can navigate industry dynamics, enhance shareholder value, and sustain its competitive edge in the media landscape.

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Gray Television, Inc. (NYSE:GTN ) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants Hilton Howell - Chairman and Chief Executive Officer Pat LaPlatney - President & Co-Chief Executive Officer Sandy Breland - Chief Operating Officer Kevin Latek - Chief Legal & Development Officer Jeff Gignac - Executive Vice President and Chief Financial Officer Conference Call Participants Aaron Watts - Deutsche Bank Patrick Sholl - Barrington Research Doug Pardon - Brigade Capital Management Craig Huber - Huber Research Michael Kerrane - Truist Securities Bill Matthews - MUFG Alan Gould - Loop Capital Daniel Kurnos - The Benchmark Company Steven Cahall - Wells Fargo David Hamburger - Morgan Stanley Operator Welcome, ladies and gentlemen to the Gray Media's Q3 2024 Earnings Call. I will now turn the program over to Chairman and CEO, Mr.

Gray Television, Inc. (GTN) Q3 2024 Earnings Call Transcript

Gray Television (GTN) came out with quarterly earnings of $0.86 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to loss of $0.57 per share a year ago.

Gray Television (GTN) Q3 Earnings and Revenues Lag Estimates

ATLANTA, Nov. 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 December 31, 2024, to shareholders of record at the close of business on December 13, 2024.

GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” “we,” “us” or “our”) (NYSE: GTN) today announced a strong third quarter ended September 30, 2024. Gray also projected full-year 2024 political advertising revenue of $500 million, as well as full-year 2024 Net Debt reduction of $500 million.

Gray Announces Third Quarter Financial Results, Additional Cost Containment Initiatives, and Approximately $500 Million of Full-Year 2024 Political Ad Revenue and Projected $500 Million Full-Year 2024 Net Debt Reduction

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Is Gray Television (GTN) a Buy as Wall Street Analysts Look Optimistic?

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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

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

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

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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

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

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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.

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