GTN Q4 2022 Earnings — Gray Media, Inc. Revenue & Financial Results | Market Cap Arena

GTNGray Media, Inc.

$491M

Q4 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$1.1B+48.7% YoY

Gross Profit

$475M44.3% margin

Operating Income

$363M33.9% margin

Net Income

$186M17.4% margin

EPS (Diluted)

$1.88

QoQ Revenue Growth

+17.9%

Cash Flow

Operating Cash Flow

$233M

Free Cash Flow

$95M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$11.2B

Total Liabilities

$8.4B

Stockholders' Equity

$2.8B

Cash & Equivalents

$61M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$721M	+48.7%
Gross Profit	$475M	$249M	+90.8%
Operating Income	$363M	$105M	+245.7%
Net Income	$186M	$29M	+541.4%

Revenue Segments

Advertising

$1.2B37%

Core Advertising

$765M24%

Retransmission Consent

$721M23%

Political Advertising

$399M13%

Production Companies

$57M2%

Service, Other

$39M1%