Nexstar Broadcasting (NXST) Misses Q2 EPS by 7c
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Nexstar Broadcasting Second Quarter Net Revenue Rises 19.4% to a Record $262.0 Million
August 9, 2016 7:04 AM EDTNet Revenue Growth Drives Record 2Q Operating Income of $64.0 Million, BCF of $103.2 Million and Adjusted EBITDA of $90.2 Million
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported record financial results for the second quarter ended June 30, 2016 as summarized below.
      ÂSummary 2016 Second Quarter Highlights
 Three Months Ended June 30,  Six Months Ended June 30, ($ in thousands) 2016    2015 Change  2016  2015 Change Local Revenue $ 97,608 $ 93,991 +3.8 % $ 191,375  $ 178,515 +7.2 % National Revenue $ 35,877 $ 38,793 (7.5 )% $ 71,327 $ 74,371 (4.1 )% Core Revenue $ 133,485 $ 132,784 +0.5 % $ 262,702 $ 252,886 +3.9 %  Political Revenue $ 11,257 $ 1,906... More