Nexstar Media (NXST) Tops Q3 EPS by 20c

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Nexstar Media Group Reports Record Third Quarter Net Revenue of $1,157.0 Million

November 2, 2021 7:00 AM EDT

Net Revenue Drives Q3 Operating Income of $277.4 Million, Net Income of $169.2 Million, Adjusted EBITDA of $410.4 Million and Free Cash Flow of $251.7 Million

Acquired Digital Media Political News Platform, The Hill; Launched New Multicast Network, Rewind TV, to 50 Million Homes; and, Expanded Original Programming on National Cable News Network, NewsNation

Returned $173.6 Million to Shareholders in the Third Quarter in the Form of Share Repurchases and Dividends

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported financial... More