GTN Q3 2022 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$475M

Q3 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$909M+51.2% YoY

Gross Profit

$356M39.2% margin

Operating Income

$245M27.0% margin

Net Income

$108M11.9% margin

EPS (Diluted)

$1.17

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$266M

Free Cash Flow

$127M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.2B

Total Liabilities

$8.6B

Stockholders' Equity

$2.6B

Cash & Equivalents

$144M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$909M	$601M	+51.2%
Gross Profit	$356M	$204M	+74.5%
Operating Income	$245M	$67M	+265.7%
Net Income	$108M	-$17M	+735.3%

Revenue Segments

Advertising

$503M36%

Retransmission Consent

$368M26%

Core Advertising

$359M25%

Political Advertising

$144M10%

Production Companies

$20M1%

Service, Other

$18M1%