GTN Q2 2022 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$491M

Q2 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$868M+58.7% YoY

Gross Profit

$326M37.6% margin

Operating Income

$218M25.1% margin

Net Income

$99M11.4% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$189M

Free Cash Flow

$77M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.1B

Total Liabilities

$8.6B

Stockholders' Equity

$2.5B

Cash & Equivalents

$162M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$868M	$547M	+58.7%
Gross Profit	$326M	$184M	+77.2%
Operating Income	$218M	$108M	+101.9%
Net Income	$99M	$39M	+153.8%

Revenue Segments

Advertising

$456M34%

Retransmission Consent

$382M29%

Core Advertising

$366M28%

Political Advertising

$90M7%

Service, Other

$17M1%

Production Companies

$13M1%