Gray Television (GTN) Tops Q4 EPS by 38c
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Gray Reports Record Revenue and Broadcast Cash Flow
March 5, 2015 6:01 AM ESTATLANTA, March 5, 2015 /PRNewswire/ -- Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE: GTN and GTN.A) today announced results of operations for the three-month period (the "fourth quarter of 2014") and year ended December 31, 2014. Revenue and broadcast cash flow for both the fourth quarter of 2014 and the just-concluded year set new records for the Company, with annual revenue exceeding $500 million for the first time in Gray's history. For the fourth quarter of 2014, this record revenue exceeded the high end of our previously issued guidance while our broadcast expenses fell within the range of our previously issued... More
