GTNGray Media, Inc.

$491M

Q1 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$827M+52.0% YoY

Gross Profit

$271M32.8% margin

Operating Income

$164M19.8% margin

Net Income

$62M7.5% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+14.7%

Cash Flow

Operating Cash Flow

$141M

Free Cash Flow

$94M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.1B

Total Liabilities

$8.7B

Stockholders' Equity

$2.5B

Cash & Equivalents

$247M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$827M	$544M	+52.0%
Gross Profit	$271M	$166M	+63.3%
Operating Income	$164M	$101M	+62.4%
Net Income	$62M	$39M	+59.0%

Revenue Segments

Retransmission Consent

$393M32%

Advertising

$391M32%

Core Advertising

$365M30%

Political Advertising

$26M2%

Production Companies

$23M2%

Service, Other

$20M2%

GTN Q1 2022 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena