Nexstar Broadcasting First Quarter Net Revenue Rises 52.0% to a Record $203.4 Million
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Nexstar Broadcasting (NXST) Misses Q1 EPS by 1c
May 7, 2015 7:07 AM EDTNexstar Broadcasting (NASDAQ: NXST) reported Q1 EPS of $0.40, $0.01 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $203.39 million versus the consensus estimate of $193.9 million.
Perry A. Sook, Chairman, President and Chief Executive Officer of Nexstar Broadcasting Group, Inc. commented, Nexstars strong operating and financial momentum continues in 2015 as reflected by our record first quarter net revenue, BCF, Adjusted EBITDA and free cash flow. We are well positioned to grow all of our non-political revenue sources throughout 2015 and we expect 2015 to mark the Companys fourth consecutive year... More
