Nexstar Media (NXST) Tops Q1 EPS by 44c, Revenues Beat

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Go back to Nexstar Media (NXST) Tops Q1 EPS by 44c, Revenues Beat

Nexstar Media Group First Quarter Net Revenue Rises 74.2% to a Record $1.1 Billion

May 6, 2020 7:00 AM EDT

Net Revenue Drives 1Q Operating Income of $305.0 Million, Net Income of $157.7 Million
BCF of $430.0 Million, Adjusted EBITDA of $557.7 Million and Free Cash Flow of $423.0 Million

Allocates $457 Million in Cash Toward Leverage Reduction and
Repurchases $72.6 Million of Class A Common Shares in the First Quarter

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported financial results for the first quarter ended March 31, 2020 as summarized below. The actual results presented herein for the three months ended March 31, 2020 reflect... More