- GTN has secured two deals this year that will propel it to becoming the second-largest television broadcaster in the US.
- Q1 revenue increased by 2% quarter over quarter and printed a positive net income of $39 million, down 36% from the same quarter last year.
- The company anticipates consolidated revenue of $3.1 billion on a blended 2019/2020 basis, following the completion of two significant acquisitions.
- When the EV/EBITDA multiple is used to compare GTN to its peers, it is discovered to be undervalued at 6.125x; however, the FWD EV/EBITDA multiple indicates the opposite.
For further details see:
Gray Television: Stretching Its Geographical Footprint