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

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

August 5, 2020 7:00 AM EDT

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

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported financial results for the second quarter ended June 30, 2020 as summarized below. The actual results presented herein for the three months ended June 30, 2020 reflect the Companys legacy Nexstar Broadcasting and digital operations and quarterly results from the Tribune Media stations which we acquired on September 19, 2019. Second quarter... More