Nexstar Media Group

Nexstar Media Group, Inc. is a television broadcasting and digital media company, which engages in the acquisition, development, and operation of television stations and interactive community websites and digital media services. The firm offers services free over-the-air programming which includes programs produced by networks with which the stations are affiliated, programs that the stations produce, and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. The company was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Nexstar Media Group Achieves Record Revenue and Eyes Future Growth

Nexstar Media Group's exceptional 2022 performance, strategic acquisitions, and focus on future technologies position it for continued success. Despite challenges in national advertising, the company is poised for growth through increased retrans revenue and upcoming political ad opportunities.

Nexstar Media Group reports record Q1 revenues and strategic growth

Nexstar Media Group's Q1 2023 earnings call highlighted strong financial performance, strategic growth initiatives, and challenges in distribution revenue. The company's focus on expanding agreements, launching new programming, and transitioning to ATSC 3.0 positions it well for future growth and profitability.

Nexstar Media Group surpasses Q2 expectations, eyes 3.0 expansion

Nexstar Media Group's Q2 performance exceeded expectations, driven by scale benefits and strategic investments. Challenges include declining core ad revenue and audience measurement issues, but opportunities lie in 3.0 technology expansion and content investments.

Nexstar anticipates high-margin growth post DIRECTV deal impact

Nexstar faces challenges from soft advertising market but remains confident in its ability to generate free cash flow. The company is strategically positioned as the largest local broadcaster in the U.S. and is focused on driving high-margin revenue growth through successful negotiations and strategic acquisitions.

Nexstar Media Group beats Q4 expectations, eyes growth opportunities

Nexstar Media Group's Q4 2023 performance surpassed expectations, reflecting strong financials and strategic moves. Despite challenges in advertising trends and cost pressures, the company remains focused on leveraging strengths in broadcast television and maximizing opportunities for growth and profitability. With a solid track record and confidence in its strategic direction, Nexstar is poised for continued success in the evolving media landscape.

Nexstar Media Group reports record Q1 revenue and NewsNation success

Nexstar Media Group delivered exceptional financial performance in Q1 2024, driven by strong revenue and profitability. The company's strategic focus on key growth drivers and shareholder value maximization positions it well for future success. Challenges in advertising revenue and cautious stance on streaming require careful navigation, while opportunities in political advertising and strategic partnerships offer avenues for growth.

Nexstar Media Group reports record-breaking Q3 results and navigates regulatory challenges

Nexstar Media Group's Q3 2024 performance reflects robust financial health and a focus on shareholder value. Leveraging its position as a leading local broadcaster, the company navigates regulatory challenges while capitalizing on opportunities for growth and operational efficiency.

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Nexstar Media Group Inc (NASDAQ: NXST) appointed Lee Ann Gliha as the CFO effective Aug. 9. Gliha will succeed Thomas E.

Nexstar Media Names Lee Ann Gliha As Finance Chief

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group named Lee Ann Gliha Chief Financial Officer effective August 9, 2021, she will report to Thomas Carter, Chief Operating Officer.

Nexstar Media Group, Inc. Names Lee Ann Gliha Executive Vice President and Chief Financial Officer

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media promoted Ron Romines to Senior Vice President and Regional Manager, overseeing its broadcast and digital operations in various markets.

Nexstar Media Promotes Ron Romines to Senior Vice President and Regional Manager

CHICAGO--(BUSINESS WIRE)--Nexstar's cable news network, NewsNation is launching a major programming expansion on September 27 with "Dan Abrams Live" and "Morning in America."

NewsNation Announces Major Programming Expansion Launching September 27

IRVING, Texas & BROWNSVILLE/HARLINGEN, Texas--(BUSINESS WIRE)--Nexstar Media Inc. appointed Jeff Miller Vice President and General Manager of its broadcast and digital operations in Brownsville/Harlingen, Texas.

Nexstar Media Names Jeff Miller Vice President and General Manager of Its Media Operations in Brownsville/Harlingen, Texas

CHICAGO--(BUSINESS WIRE)--Nexstar Media's cable news network, NewsNation, is launching two new programs, ON BALANCE WITH LELAND VITTERT and NEWSNATION: RUSH HOUR, on July 19.

NewsNation Launching Two New Weeknight Programs July 19

Nexstar (NXST) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Nexstar (NXST) is Poised to Beat Earnings Estimates Again

TEGNA

SACRAMENTO, Calif., July 8, 2021 /PRNewswire/ -- Residents in the Central Valley can now get a taste of the future as six Sacramento television stations have banded together to launch NEXTGEN TV.

Six Sacramento Television Stations Launch NEXTGEN TV Broadcasts

IRVING, Texas & COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Nexstar Media promoted Donna D'Amico to Vice President / General Manager of its Colorado Springs media operations KXRM-TV, KXTU-TV and FOX21News.com.

Nexstar Media Inc. Promotes Donna D'Amico to Vice President and General Manager of Its Media Operations in Colorado Springs, Colorado

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2021 second quarter financial results before the market opens on Wednesday, August 4, 2021. The Company will host a conference call and webcast at 9:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial 334-777-6978, conference ID 4869641 (domestic and international callers). Participants can also listen to a live webcast of the cal

Nexstar Media Group to Report 2021 Second Quarter Financial Results, Host Conference Call and Webcast on August 4

Sinclair Inc

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Five leading local television stations in Little Rock, AR, including KATV (ABC), KTHV (CBS), KARK-TV (NBC), KLRT-TV (FOX), and KARZ-TV (MyNet), today became among the first in the nation to begin broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. Based on the same fundamental technology as the Internet, digital applications, and other web services, NEXTGEN TV can support a wide range of features that are currently in development.

Major Broadcasters Launch NEXTGEN TV on Five Local Television Stations in Little Rock, AR

Nexstar (NXST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Nexstar (NXST) Soars 5.5%: Is Further Upside Left in the Stock?

CHICAGO--(BUSINESS WIRE)--Veteran news executive, Cherie Grzech, is appointed Vice President of News and Managing Editor of NewsNation, Nexstar Media's cable network.

Veteran Journalist Cherie Grzech Joins NewsNation as Vice President of News, Managing Editor

Nexstar Media trades at a 25% discount to its intrinsic value of $179 per share. Enormous amounts of free cash flow have enabled management to reward shareholders and pay down debt.

Nexstar Media: A Quintessential Contrarian Investment

IRVING, Texas & TOPEKA, Kan.--(BUSINESS WIRE)--Nexstar Media appointed James Baronet Vice President and General Manager of its broadcast television and digital operations serving Topeka, Kansas.

Nexstar Media Names James Baronet Vice President and General Manager of Its Topeka, Kansas, Media Operations

IRVING, Texas--(BUSINESS WIRE)--Nexstar variable interest entity Mission Broadcasting has closed on a new $300 million Term Loan B Facility.

Nexstar Variable Interest Entity, Mission Broadcasting, Closes New $300 Million Senior Secured Term Loan B Facility

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GREENWICH, Conn.--(BUSINESS WIRE)--Gabelli Funds hosts its 13th Annual Entertainment & Broadcasting Conference today. The expanded conference will be held virtually. This research meeting will feature presentations by senior management of leading broadcasting and entertainment companies, with an emphasis on industry dynamics, new technologies and company fundamentals. It will also include a Sports Valuation Panel. Investors should contact Justin Cramer (914) 921-5387 or Katie Durkin (914) 9

Gabelli Funds 13th Annual Entertainment & Broadcasting Conference

Media and broadcasting company Nexstar Media Group, Inc. (NASDAQ:NXST) may not generate the headlines as its peers, but the stock continues to be an intriguing value investment, despite it's huge run-up over the past year.

Unpacking This Broadcasting Stock's Intriguing Profile

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group named Courtney Williams Chief Diversity Officer. She will lead efforts to expand diversity in hiring, promotion, and retention.

Nexstar Media Names Courtney Williams as Chief Diversity Officer

BURBANK, Calif. & IRVING, Texas--(BUSINESS WIRE)--The CW Television Network and Nexstar Media Group and its operating partners reached multi-year agreements to renew CW affiliations in 37 markets.

The CW Television Network and Nexstar Media Group Renew Affiliation Agreements

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group named former ABC News Senior Executive Producer, Michael Corn, President of News for its national cable news network NewsNation.

Nexstar Names Former ABC News Executive Michael Corn President of News for NewsNation

IRVING, Texas & SAN FRANCISCO--(BUSINESS WIRE)--Nexstar Media named Jim Rose Vice President and General Manager of the KRON-TV broadcast television and digital operations in San Francisco.

Nexstar Media Inc. Appoints Jim Rose as Vice President and General Manager of Its Broadcast and Digital Operations in San Francisco, California

IRVING, Texas--(BUSINESS WIRE)--The local news operations of Nexstar Media Inc. television stations win 47 regional Edward R. Murrow awards for outstanding journalism.

31 Nexstar Media Inc. Television Stations Win 47 Regional Edward R. Murrow Awards for Outstanding Journalism and Exceptional Locally Produced News Programming

CHICAGO & IRVING, Texas--(BUSINESS WIRE)--Veteran journalist Leland Vittert named Anchor / Correspondent of NewsNation, Nexstar Media's wholly-owned cable network, covering national affairs.

Veteran Journalist Leland Vittert Joins NewsNation as Anchor/Correspondent

Nexstar Media Group, Inc. (NXST) CEO Perry Sook on Q1 2021 Results - Earnings Call Transcript

News for Nexstar Media Group Stock (NXST)