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Gray Television Projects Higher Political Ad Revenues Amid Election Year - Read Why
Gray Television, Inc. (NYSE:GTN) shares are trading higher after reporting first-quarter results.
The company reported quarterly earnings per share of 79 cents, beating the analyst consensus of 18 cents.
The company reported quarterly revenues of $823 million, missing the street view of $824.985 million.
The first quarter of 2024 produced strong core advertising results, including $372 million in core advertising revenue, an increase of $15 million or 4% compared to 2023.
Gray Television also benefited from continued strong ...