Gray Television (GTN) Tops Q4 EPS by 10c
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Gray Finishes 2022 In A Strong Position and Issues Stable Outlook for 2023
February 24, 2023 6:00 AM ESTATLANTA, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (Gray, we, us or our) (NYSE: GTN) today announced financial results for the fourth quarter ended December 31, 2022, reflecting revenue above our guidance and expenses near the low end of our guidance for the quarter.
Overall, the fourth quarter of 2022 produced record results, including $1.1 billion in total revenue, due to the combination of recent acquisitions, added scale, increasingly efficient integrated operations, and the on-year of the two-year political advertising cycle. Moreover, compared to the fourth quarter of 2018, the last mid-term election year, our political advertising... More
