Nexstar Media (NXST) Reports Q3 Loss of $0.13, Revenues Beat
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Nexstar Media Group Reports Third Quarter Net Revenue of $663.6 Million
November 6, 2019 7:00 AM ESTNet Revenue Drives 3Q Operating Income of $121.6 Million, BCF of $202.6 Million, Adjusted EBITDA of $143.5 Million and Free Cash Flow of $59.5 Million
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar or the Company) today reported financial results for the third quarter ended September 30, 2019 as summarized below. On September 19, 2019, Nexstar completed its acquisition of Tribune Media Company (Tribune or Tribune Media) and also closed on the divestitures of 21 television stations. All actual results presented herein reflect the impact of $34.0 million and $1.3 million of one-time transaction expenses incurred in the quarters ended September 30, 2019... More
