MARKET COMPOSITE
GTN - Gray Television, Inc.8:00:02 PM 4/24/2024
Price
$6.02
+ 0.10 (1.69%)
Gray Television, Inc. is an American publicly traded television broadcasting company based in Atlanta, Georgia. Founded in 1946 by James Harrison Gray as Gray Communications Systems, the company owns or operates 145 stations across the United States, based primarily in markets as large as Cleveland and as small as North Platte, Nebraska. James H. Gray started his communication business with the purchase of Georgia's The Albany Herald in 1946 after he returned from World War II. Gray launched WALB-TV in 1954. In 1960, Gray purchased WJHG-TV in Panama City, Florida, and followed it later in the decade with KTVE serving Monroe, Louisiana and southern Arkansas.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue864MM+8%
Operating Income113MM+35%
Operating Expenses751MM+4%
Net Income-9MM-78%
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Stock news

    GREENWICH, Conn., April 22, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 16th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 6, 2024. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing and Advertising Panels. Attendees will also have the opportunity to meet with management in a

    ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that its daily, 30-minute news magazine InvestigateTV+ is renewed for a second season in 2024-2025. The renewal is the direct result of impressive, double-digit ratings growth in the show’s debut season. InvestigateTV+ built audience throughout its first season with an average of 25% growth with Adults 18+ across all Gray markets since its launch in September 2023 (Source: Niel

    ATLANTA, April 16, 2024 (GLOBE NEWSWIRE) -- The National Association of Broadcasters Leadership Foundation (“NABLF”) selected two television stations owned by Gray Television, Inc. (NYSE: GTN) for this year’s coveted Service to America Awards. The NABLF’s Service to America Awards recognize outstanding community service by local broadcasters each year for their exemplary service to their communities. The NABLF recognizes the winners in each category at an in-person gala in Washington, DC, on Jun

    In this article, we will take a detailed look at the 10 Underperforming Stocks Insiders are Buying. For a quick overview of such stocks, read our article 5 Underperforming Stocks Insiders are Buying. Legendary investor Peter Lynch in his famous book “One Up On Wall Street” talked in detail about the importance of keeping tabs on insider buying […]

    ATLANTA, April 09, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, March 31, 2024 on Tuesday, May 7, 2024. Earnings Conference Call Information Gray Television, Inc. will host a conference call to discuss its operating results for the quarter ended March 31, 2024, on Tuesday, May 7, 2024. The call will begin at 10:00 a.m. Eastern Time. The live dial-in number is 1-800-285-6670. The call will be webcast li

    Gray Announces Paydown of Debt04-05-2024 16:18:00 PM

    Atlanta, Georgia, April 05, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has completed a series of debt principal payments totaling $53.75 million. These payments were comprised of a required principal payment of $3.75 million on March 29, 2024, under its Term Loan D (due 2028), a voluntary prepayment of the three remaining 2024 required quarterly principal payments totaling $11.25 million on April 1, 2024, under its Term Loan D (du

    ATLANTA, April 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the promotion of Peter Zampa to Senior National Correspondent for the Gray Television Washington News Bureau. In his new role, Peter will be based in New York City covering the local impact of national and international stories for Gray affiliates, including Wall Street and the United Nations. He will also provide unique analysis for Local News Live, Gray’s streaming network that provides live

    ATLANTA, April 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that Local News Live, a streaming news network that provides live news coverage from Gray’s 114 television markets and Washington DC Bureau, and Gray stations will stream continuous live coverage of the total solar eclipse on April 8th. The programming will be available as a live stream on more than 500 Gray Television station websites, connected TV apps, and mobile apps. Gray stations in the p

    ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that CBS has retained Gray’s in-house news research and consulting group, Strategic Insights & Activation Team (“Strat Team”), as a provider of market research and news consulting services to all 14 CBS owned and operated television stations. The first-of-its-kind partnership began on April 1, 2024. Gray created the Strat Team in January 2023 to provide an in-house, customized, and action-orien

    NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. “Gray” (NYSE: GTN) is pleased to announce that Gray’s Emmy Award-winning Tupelo Media Group and Las Vegas station KVVU have teamed with SportsGrid FAST Channel to produce five major sporting event specials. The specials will be part of the “BEAT THE ODDS” nationally syndicated sports betting and entertainment television series produced by Tupelo Media Group and KVVU. The specials begin this weekend for college basketball and will