NXST Q4 2023 Earnings — Nexstar Media Group, Inc. Revenue & Financial Results | Market Cap Arena

NXSTNexstar Media Group, Inc.

$7B

Q4 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$1.3B-12.3% YoY

Gross Profit

$764M58.6% margin

Operating Income

$231M17.7% margin

Net Income

$114M8.7% margin

EPS (Diluted)

$3.36

QoQ Revenue Growth

+15.2%

Cash Flow

Operating Cash Flow

$182M

Free Cash Flow

$146M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$12.1B

Total Liabilities

$9.8B

Stockholders' Equity

$2.3B

Cash & Equivalents

$135M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.5B	-12.3%
Gross Profit	$764M	$985M	-22.4%
Operating Income	$231M	$294M	-21.4%
Net Income	$114M	$203M	-43.9%

Revenue Segments

Broadcast

$2.3B100%