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Gray Television, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 24 million compared to USD 22 million a year ago. Revenue was USD 823 million compared to USD 801 million a year ago. Net income was USD 88 million compared to net loss of USD 31 million a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to basic loss per share from continuing operations of USD 0.48 a year ago. Diluted earnings per share from continuing operations was USD 0.79 compared to diluted loss per share from continuing operations of USD 0.48 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 823 | 864 | 803 | 813 |
Gross Profit | 219 | 234 | 228 | 250 |
Operating Income | 124 | 117 | 121 | 135 |
Net Income | 88 | -9 | -40 | 4 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 10640 | 10735 | 10810 | |
Total Liabilities | 8019 | 8083 | 8100 | |
Total Equity | 2621 | 2621 | 2652 | 2710 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 68 | 83 | 106 | 47 |
Cash From Investing Activities | 80 | -32 | -72 | -92 |
Cash From Financing Activities | -35 | -51 | -49 | 25 |
Net Change in Cash | 113 | 0 | -15 | -20 |
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