Nexstar Media (NXST) Misses Q3 EPS by 68c

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Nexstar Media Group Reports Third Quarter Net Revenue of $1.13 Billion

November 8, 2023 7:00 AM EST

Q3 Consolidated Net Revenue Drives Operating Income of $94 Million, Net Income of $8 Million, Consolidated Adjusted EBITDA of $236 Million and Attributable Free Cash Flow of $100 Million

Quarterly and Nine Month Return of Capital to Shareholders of $246 Million and $659 Million, Respectively Reduced Shares Outstanding by Over 25% Since 12/31/19

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported financial results for the third quarter and nine months ended September 30, 2023 as summarized below:

Summary 2023 Third Quarter Highlights

NEXSTAR -... More