GTN Q2 2021 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$475M

Q2 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$547M+21.3% YoY

Gross Profit

$184M33.6% margin

Operating Income

$108M19.7% margin

Net Income

$39M7.1% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$91M

Free Cash Flow

-$17M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$5.2B

Stockholders' Equity

$2.4B

Cash & Equivalents

$785M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$547M	$451M	+21.3%
Gross Profit	$184M	$122M	+50.8%
Operating Income	$108M	$65M	+66.2%
Net Income	$39M	$11M	+254.5%

Revenue Segments

Advertising

$285M34%

Retransmission Consent

$242M29%

Local Advertising

$222M27%

National Advertising

$57M7%

Service, Other

$10M1%

Production Companies

$10M1%

Political Advertising

$6M1%