Nexstar Media (NXST) Tops Q1 EPS by 6c

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Nexstar Media Group Reports Record First Quarter Net Revenue of $1.26 Billion

May 9, 2023 7:00 AM EDT

Q1 Consolidated Net Revenue Drives Operating Income of $204 Million, Net Income of $88 Million, Consolidated Adjusted EBITDA of $491 Million and Attributable Free Cash Flow of $383 Million

Returned $225 Million to Shareholders in Q1

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported financial results for the first quarter ended March 31, 2023 as summarized below:

Summary 2023 First Quarter Highlights

NEXSTAR - CONSOLIDATED(1)

 

 

Three Months Ended March 31,

 

 

%

 

($ in millions)

 

2023

 

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