NXST Q3 2024 Earnings — Nexstar Media Group, Inc. Revenue & Financial Results | Market Cap Arena

NXSTNexstar Media Group, Inc.

$7B

Q3 2024 Earnings

Communication Services Entertainment

Income Statement

Revenue

$1.4B+20.7% YoY

Gross Profit

$803M58.8% margin

Operating Income

$335M24.5% margin

Net Income

$187M13.7% margin

EPS (Diluted)

$5.76

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$387M

Free Cash Flow

$358M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$11.7B

Total Liabilities

$9.5B

Stockholders' Equity

$2.2B

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.1B	+20.7%
Gross Profit	$803M	$595M	+35.0%
Operating Income	$335M	$94M	+256.4%
Net Income	$187M	$25M	+648.0%

Revenue Segments

Distribution Service

$719M53%

Advertising

$622M46%

Other

$25M2%