Nexstar Media Group Reports Record Second Quarter Net Revenue of $915.0 Million

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Go back to Nexstar Media Group Reports Record Second Quarter Net Revenue of $915.0 Million

Nexstar Media (NXST) Tops Q2 EPS by 95c, Revenues Beat

August 5, 2020 7:13 AM EDT

Nexstar Media (NASDAQ: NXST) reported Q2 EPS of $2.13, $0.95 better than the analyst estimate of $1.18. Revenue for the quarter came in at $914.63 million versus the consensus estimate of $912.19 million.

Net Revenue Drives Record 2Q Operating Income of $196.3 Million, Net Income of $98.1 MillionBCF of $290.8 Million, Adjusted EBITDA of $292.8 Million and Free Cash Flow of $194.9 Million

CEO Comment

Perry A. Sook, Chairman, President and Chief Executive Officer of Nexstar Media Group commented, Nexstars industry leading scale and diversified business model combined with solid execution in a challenging environment resulted in record second... More