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Stock impact report

Nexstar Media Group Reports Record First Quarter Net Revenue of $1.28 Billion

Nexstar Media Group, Inc. (NXST) 
Last nexstar media group, inc. earnings: 2/26 07:04 am Check Earnings Report
Company Research Source: Business Wire
Q1 Net Revenue Drives Net Income of $167 Million, Adjusted EBITDA of $542 Million and Adjusted Free Cash Flow of $403 MillionAll-Time High Quarterly Distribution RevenueReduced Year-over-Year Quarterly Losses at The CW by $50 MillionQuarterly Return of Capital to Shareholders of $168 Million, Reducing Shares Outstanding by 1.7% IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”) today reported financial results for the first quarter ended March 31, 2024. Please visit Nexstar’s website to view the full press release.STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO“Nexstar is off to a strong start in 2024, delivering the highest first quarter net revenues in the Company’s history and once again outpacing consensus expectations for Adjusted EBITDA and Adjusted Free Cash Flow. As the industry’s largest local broadcaster with the most-watched broadcast television programming, Nexstar’s value to our distribution and advertising par Show less Read more
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