Gray Television (GTN) Misses Q2 EPS by 3c, Revenue Beats

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Go back to Gray Television (GTN) Misses Q2 EPS by 3c, Revenue Beats

Gray Reports Second Quarter Operating Results

August 5, 2021 6:30 AM EDT

ATLANTA, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, us or our) (NYSE: GTN) today announced financial results for the second quarter ended June 30, 2021. We experienced strong momentum in the first half of 2021 that we believe will continue throughout the remainder of the year. Key financial results were as follows:

Revenue of $547 million, an increase of $96 million, or 21%, compared to the second quarter of 2020. The primary components of revenue were: combined local and national broadcast advertising revenue of $279 million and retransmission consent revenue of... More