Friday, December 2, 2022

Nexstar Focused On The CW “Ratings, Revenue, And Profitability” As Network’s New Owner Posts Q3 Numbers

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Nexstar grew revenue 9.7% for the September quarter to $1.29 billion for the three months ended in September, as the new CW owner cited growth in political advertising, distribution and digital revenue.

Sales were shy of forecasts but profit was a beat, jumping to $287 million, or $7.30 a share, from $169 million, or $3.90. The stock was up 3.8% before the open.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: Deadline

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