GTN Q3 2020 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$475M

Q3 2020 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$604M+16.8% YoY

Gross Profit

$270M44.7% margin

Operating Income

$212M35.1% margin

Net Income

$122M20.2% margin

EPS (Diluted)

$1.14

QoQ Revenue Growth

+33.9%

Cash Flow

Operating Cash Flow

$181M

Free Cash Flow

$162M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$5.0B

Stockholders' Equity

$2.2B

Cash & Equivalents

$467M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$604M	$517M	+16.8%
Gross Profit	$270M	$188M	+43.6%
Operating Income	$212M	$139M	+52.5%
Net Income	$122M	$59M	+106.8%

Revenue Segments

Advertising

$365M38%

Retransmission Consent

$217M22%

Local Advertising

$188M19%

Political Advertising

$128M13%

National Advertising

$49M5%

Service, Other

$11M1%

Production Companies

$11M1%