Gray Television (GTN) Tops Q2 EPS by 25c
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Gray Reports Record Operating Results for the Three and Six-Month Periods Ended June 30, 2015
August 5, 2015 6:00 AM EDTATLANTA, Aug. 5, 2015 /PRNewswire/ -- Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE: GTN and GTN.A) today announced results of operations for the three and six-month periods ended June 30, 2015 as compared to the three and six-month periods ended June 30, 2014, including record revenues, record net income and record broadcast cash flow (a non-GAAP measure). During the three and six-month periods ended June 30, 2015, Gray achieved free cash flow per diluted weighted average share of $0.38 and $0.75, respectively, and net income per diluted weighted average share of $0.17 and $0.27, respectively.
Highlights:
Record Revenue... More