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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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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