Nexstar Broadcasting (NXST) Misses Q4 EPS by 18c
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Nexstar Media Group Fourth Quarter Net Revenue Rises 22.1% to a Record $798.0 Million
February 26, 2019 7:04 AM ESTNet Revenue Growth Drives Record 4Q Operating Income of $272.8 Million and Net Income of $154.5 Million
Record BCF of $379.9 Million, Adjusted EBITDA of $352.8 Million and Free Cash Flow of $249.9 Million
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported record financial results for the fourth quarter and full year ended December 31, 2018 as summarized below.
Summary 2018 Fourth Quarter and Full Year Highlights
Three Months Ended December 31, Years EndedDecember 31,
($ in thousands) 2018 2017 Change 2018 2017 Change Local Revenue $ 216,458 $ 219,714 (1.5 )% $ 797,709 $ 805,360 (1.0 )% National Revenue $ 81,910 $ 83,396 (1.8 )% $ 292,211 $ 302,657... More