Previous close | 0.5500 |
Open | 0.4900 |
Bid | 0.4000 |
Ask | 0.5000 |
Strike | 5.00 |
Expiry date | 2024-12-20 |
Day's range | 0.4000 - 0.5500 |
Contract range | N/A |
Volume | |
Open interest | 3.11k |
Continued Growth in Core Advertising and Strategic Financial Maneuvers Position Company for Future Success
Local television broadcasting and media company Gray Television (NYSE:GTN) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 2.7% year on year to $823 million. On the other hand, next quarter's revenue guidance of $837 million was less impressive, coming in 1.9% below analysts' estimates. It made a GAAP profit of $0.79 per share, improving from its loss of $0.48 per share in the same quarter last year.
ATLANTA, May 07, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the first quarter ended March 31, 2024, reflecting our total revenue of $823 million and total operating expenses (before depreciation, amortization and loss on disposal of assets) of $632 million. Overall, we believe that our businesses have started 2024 in a strong position. The first quarter of 2024 produced strong core advertising results, including