NXST Q2 2023 Earnings — Nexstar Media Group, Inc. Revenue & Financial Results | Market Cap Arena

NXSTNexstar Media Group, Inc.

$7B

Q2 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$1.2B-0.4% YoY

Gross Profit

$703M56.7% margin

Operating Income

$179M14.4% margin

Net Income

$96M7.7% margin

EPS (Diluted)

$2.64

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$185M

Free Cash Flow

$144M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$12.3B

Total Liabilities

$9.7B

Stockholders' Equity

$2.5B

Cash & Equivalents

$346M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.2B	-0.4%
Gross Profit	$703M	$743M	-5.4%
Operating Income	$179M	$334M	-46.4%
Net Income	$96M	$227M	-57.7%

Revenue Segments

Broadcast

$1.1B92%

Other Segments

$96M8%