GTN Q3 2021 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$475M

Q3 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$601M-0.5% YoY

Gross Profit

$204M33.9% margin

Operating Income

$67M11.1% margin

Net Income

-$17M-2.8% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+9.9%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$13M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$5.4B

Stockholders' Equity

$2.4B

Cash & Equivalents

$322M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$601M	$604M	-0.5%
Gross Profit	$204M	$270M	-24.4%
Operating Income	$67M	$212M	-68.4%
Net Income	-$17M	$122M	-113.9%

Revenue Segments

Advertising

$301M33%

Retransmission Consent

$266M29%

Local Advertising

$232M26%

National Advertising

$60M7%

Production Companies

$20M2%

Service, Other

$14M2%

Political Advertising

$9M1%