Gray Television (GTN) Reports Q3 EPS of $0.70, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus

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Gray Reports Record Operating Results for the Quarter Ended September 30, 2018

November 6, 2018 6:45 AM EST

ATLANTA, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, us or our) (NYSE: GTN) today announces record results of operations for the three-months ended September 30, 2018, including record revenue, net income and Broadcast Cash Flow (a non-GAAP financial measure, defined below). Our diluted net income per share for the third quarter of 2018 was $0.70.

Financial Highlights, Selected Operating Data and Other Recent Developments:

Record Third Quarter Revenue, Net Income and Broadcast Cash Flow - Our revenue, net income and Broadcast Cash Flow for the third quarter of 2018 were all... More