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Image source: The Motley Fool. Gray Television Inc (NYSE: GTN) Q1 2021 Earnings Call May 6, 2021 , 11:00 a.m. ET Operator Continue reading For further details see: Gray Television Inc (GTN) Q1 2021 Earnings Call Transcript
Atlanta, May 06, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ” ) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 57 regional Edward R. Murrow awards for excellence in journalism to 26 of Grayȁ...
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 ant...
In reviewing Gray Television's (GTN -1.2%) $2.7B deal to acquire Meredith's (MDP +0.8%) local television stations, Stephens sees it as a positive for both companies. Gray paid a fair price for the assets, the firm says, while Meredith will be able to better focus on its digital opportunity wi...
Tegna Inc. (TGNA) dropped 3.5% partly after Gray Television (GTN) agreed yesterday to acquire Meredith's (MDP) Local Media Group in a $2.7B transaction. "Perhaps at long last Gray can finally put to bed the rumor that they are going to buy TEGNA," Benchmark analyst Daniel ...
Gains national scale. The company will leap frog into the big leagues covering 36% of US TV households, without the UHF discount rule, upon the planned purchase of Meredith's TV group. The purchase price of $2.7 billion represents 7.9 times blended 2019/2020 cash flow, after synergies, a reaso...
Gainers: Luokung Technology (LKCO) +26%. Farmmi (FAMI) +16%. Gray Television (GTN) +10%. Planet Green Holdings (PLAG) +10%. Endeavor Group Holdings (EDR) +10%.Losers: 1847 Goedeker (GOED) -11%. The9 (NCTY) -9%. BBQ Holdings (BBQ) -9%. Remark Holdings (MARK) -8%. Mercurity Fintech Ho...
Gray Television (GTN +0.8%) has a deal to acquire Meredith's (MDP +12.6%) Local Media Group in a a $2.7B cash transaction. Gray will acquire all outstanding shares of Meredith for about $14.50/share in cash, which is $2.7B in enterprise value after the spin-off of Meredith's National Media Gr...
Gray Television (GTN): Q1 GAAP EPS of $0.27 beats by $0.09.Revenue of $544M (+1.9% Y/Y) beats by $10.13M.Q2 2021 guidance: Local revenue will increase by 33% to 35% to ~$215 to $218M; National revenue will increase by 61% to 67% to ~$57 to $59M, Total Core Revenue will increase by 38% to...
Atlanta, Ga., May 03, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“ Gray ”) (NYSE: GTN) has agreed to acquire all outstanding shares of Meredith Corporation (“ Meredith ”) for approximately $14.50 per share in cash, or $2.7 billion in total enterprise...
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CLEVELAND, July 25, 2024 (GLOBE NEWSWIRE) -- Rock Entertainment Group (REG), the umbrella entity that houses Dan Gilbert’s sports and entertainment properties under the ROCK Family of Companies, and Gray Media (“Gray”) (NYSE: GTN), owner of WOIO and WUAB in Cleveland and WX...
ATLANTA, July 18, 2024 (GLOBE NEWSWIRE) -- The Harlem Globetrotters and Gray Media (NYSE:GTN) proudly announce the live broadcast of a Harlem Globetrotters game from their historic sports residency at American Dream in New Jersey on August 18, 2024. The event tips off at 7pm ET on local televisio...
2024-07-18 01:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...