GTN Q1 2021 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$475M

Q1 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$544M+1.9% YoY

Gross Profit

$166M30.5% margin

Operating Income

$101M18.6% margin

Net Income

$39M7.2% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-31.3%

Cash Flow

Operating Cash Flow

$147M

Free Cash Flow

$134M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$5.2B

Stockholders' Equity

$2.4B

Cash & Equivalents

$819M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$544M	$534M	+1.9%
Gross Profit	$166M	$180M	-7.8%
Operating Income	$101M	$124M	-18.5%
Net Income	$39M	$53M	-26.4%

Revenue Segments

Advertising

$269M33%

Retransmission Consent

$247M30%

Local Advertising

$203M25%

National Advertising

$57M7%

Service, Other

$14M2%

Production Companies

$14M2%

Political Advertising

$9M1%