GTN Q3 2024 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$491M

Q3 2024 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$950M+18.3% YoY

Gross Profit

$357M37.6% margin

Operating Income

$250M26.3% margin

Net Income

$96M10.1% margin

EPS (Diluted)

$0.86

QoQ Revenue Growth

+15.0%

Cash Flow

Operating Cash Flow

$297M

Free Cash Flow

$257M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$7.9B

Stockholders' Equity

$2.8B

Cash & Equivalents

$69M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$950M	$803M	+18.3%
Gross Profit	$357M	$228M	+56.6%
Operating Income	$250M	$84M	+197.6%
Net Income	$96M	-$40M	+340.0%

Revenue Segments

Advertising

$538M36%

Retransmission Consent

$369M25%

Core Advertising

$365M25%

Political Advertising

$173M12%

Production Companies

$26M2%

Service, Other

$17M1%