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Stock impact report

Nexstar Media Group Reports Record Third Quarter Net Revenue of $1.37 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
Q3 Net Revenue Drives Net Income of $180 Million, Adjusted EBITDA(1) of  $510 Million, Net Cash Provided by Operating Activities of $387 Million and Adjusted Free Cash Flow (1) of $327 Million All-Time High Third Quarter Distribution RevenueReduced Year-over-Year Quarterly Losses at The CW by $36 MillionQuarterly Return of Capital to Shareholders of $233 Million, Reducing Shares Outstanding by 3.1% 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, 2024 as summarized below. Please visit Nexstar’s website to view the full press release.STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO“Nexstar generated record financial results for the third quarter, reflecting the continued power of our broadcast television business model. We delivered the highest third quarter net revenue in the Company’s history, comprised of record third quarter distribution and adve Show less Read more
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