GTN Q3 2019 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$475M

Q3 2019 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$517M+85.1% YoY

Gross Profit

$188M36.4% margin

Operating Income

$139M26.9% margin

Net Income

$59M11.4% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$150M

Free Cash Flow

$121M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$5.1B

Stockholders' Equity

$2.1B

Cash & Equivalents

$326M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$517M	$279M	+85.1%
Gross Profit	$188M	$134M	+40.1%
Operating Income	$139M	$108M	+28.2%
Net Income	$59M	$62M	-4.7%

Revenue Segments

Advertising

$296M36%

Local Advertising

$218M27%

Retransmission Consent

$196M24%

National Advertising

$56M7%

Political Advertising

$22M3%

Production Companies

$16M2%

Service, Other

$9M1%