Nexstar Media Group Reports Third Quarter Net Revenue of $663.6 Million
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Nexstar Media (NXST) Reports Q3 Loss of $0.13, Revenues Beat
November 6, 2019 7:16 AM ESTNexstar Media (NASDAQ: NXST) reported Q3 EPS of ($0.13), versus $2.12 reported last year. Revenue for the quarter came in at $663.58 million versus the consensus estimate of $650.21 million.
Net Revenue Drives 3Q Operating Income of $121.6 Million, BCF of $202.6 Million, Adjusted EBITDA of $143.5 Million and Free Cash Flow of $59.5 MillionCEO Comment
Perry A. Sook, Chairman, President and Chief Executive Officer of Nexstar Media Group, Inc. commented, Our active third quarter and recent strategic initiatives have positioned Nexstar for its next free cash flow growth cycle and significant near-term leverage reduction. In connection with completing the... More
