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Jun 30, 2024
Nexstar Q2 2024 Earnings Report
Nexstar reported record second quarter net revenue and distribution revenue.
Key Takeaways
Nexstar Media Group reported record second quarter net revenue of $1.27 billion, driven by growth in distribution and advertising revenue. The company's net income increased to $106 million, and Adjusted EBITDA reached $398 million.
Record second quarter net revenue of $1.27 billion.
Net income for the quarter was $106 million.
Adjusted EBITDA reached $398 million.
Adjusted Free Cash Flow was $78 million.
Nexstar
Nexstar
Nexstar Revenue by Segment
Revenue by Segment
Distribution Revenue
CapyFin.comAdvertising Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
The company expects to benefit from anticipated record levels of political spending on broadcast television in the second half of the year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income