Nexstar Media (NXST) Tops Q3 EPS by 96c

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Nexstar Media Group Reports Record Third Quarter Net Revenue of $1,118.2 Million

November 5, 2020 7:00 AM EST

Net Revenue Drives Record 3Q Operating Income of $343.6 Million, Net Income of $189.3 Million

BCF of $462.6 Million, Adjusted EBITDA of $443.6 Million and Free Cash Flow of $219.0 Million

Allocated $162.5 Million Toward Leverage Reduction and Repurchased $125 Million of Class A Common Shares

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported financial results for the third quarter ended September 30, 2020 as summarized below. The actual results presented herein for the three months ended September 30, 2020 reflect the Companys legacy broadcasting... More