Gray Television (GTN) Reports In-Line Q2 EPS

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Gray Reports Record Operating Results

August 4, 2016 8:02 AM EDT

ATLANTA, Aug. 4, 2016 /PRNewswire/ -- Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE: GTN and GTN.A) today announces record-setting results of operations for the period ended June 30, 2016, including record revenue, record net income, and record Broadcast Cash Flow. Moreover, adjusting for the impact of acquisitions, the results reported today confirm that Gray continues to post organic revenue growth while maintaining solid expense controls.

Financial Highlights

As-Reported Basis

Our total revenue for the three months ended June 30, 2016 (the "second... More