Gray Television (GTN) Q3 Revenue Tops Consensus

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Go back to Gray Television (GTN) Q3 Revenue Tops Consensus

Gray Reports Third Quarter Operating Results

November 4, 2021 6:00 AM EDT

ATLANTA, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, us or our) (NYSE: GTN) today announced financial results for the third quarter ended September 30, 2021. We experienced strong momentum in the first nine months of 2021 and we believe it will continue throughout the remainder of the year. Key financial results were as follows:

Total revenue was $601 million in the third quarter of 2021, essentially unchanged from the third quarter of 2020. The primary components of revenue were: combined local and national broadcast advertising revenue of $292 million and retransmission consent revenue of $266 million,... More