Gray Television (GTN) Tops Q1 EPS by 9c

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Gray Reports First Quarter Operating Results

May 3, 2021 8:55 AM EDT

ATLANTA, May 03, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, the Company, we, us or our) (NYSE: GTN) today announced financial results for the first quarter ended March 31, 2021. Along with the decreasing impact of the novel coronavirus and its disease (collectively, COVID-19) on economic activity, our prudent cost management, strategic sales initiatives and training, and focused management at every level resulted in strong operating results for the first quarter. Key financial results were as follows:

Revenue of $544 million, an increase of $10 million, or 2%, from the first quarter of 2020. The primary... More