NXST Q1 2023 Earnings — Nexstar Media Group, Inc. Revenue & Financial Results | Market Cap Arena

NXSTNexstar Media Group, Inc.

$7B

Q1 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$1.3B+3.9% YoY

Gross Profit

$719M57.2% margin

Operating Income

$204M16.2% margin

Net Income

$111M8.8% margin

EPS (Diluted)

$2.96

QoQ Revenue Growth

-15.5%

Cash Flow

Operating Cash Flow

$494M

Free Cash Flow

$458M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$12.5B

Total Liabilities

$9.8B

Stockholders' Equity

$2.6B

Cash & Equivalents

$413M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+3.9%
Gross Profit	$719M	$720M	-0.1%
Operating Income	$204M	$329M	-38.0%
Net Income	$111M	$252M	-56.0%

Revenue Segments

Broadcast

$1.2B94%

Other Segments

$81M6%