Nexstar Broadcasting (NXST) Tops Q2 EPS by 16c
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Nexstar Media Group Second Quarter Net Revenue Rises 5.5% to a Record $660.3 Million
August 8, 2018 7:06 AM EDTNet Revenue Growth Drives Record 2Q Operating Income of $174.5 Million and Net Income of $86.6 Million
Record 2Q BCF of $257.5 Million, Adjusted EBITDA of $233.1 Million and Free Cash Flow of $148.2 Million, Inclusive of One-Time Transaction Expenses
Repurchases 250,000 Shares During Second Quarter
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported record financial results for the second quarter ended June 30, 2018 as summarized below.
     ÂSummary 2018 Second Quarter Highlights
ÂThree Months EndedJune 30,
Six Months Ended
June 30,
($ in thousands) 2018 Â 2017 Change 2018 Â 2017 Change Local Revenue $ 198,560 $ 209,594 (5.3 )% $ 391,828 Â $... More