Skip to main content

Gray Media: Q4 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Gray Media, Inc. (GTN) on Thursday reported a loss of $10 million in its fourth quarter.

On a per-share basis, the Atlanta-based company said it had a loss of 24 cents. Losses, adjusted for asset impairment costs, came to 22 cents per share.

The broadcast television company posted revenue of $792 million in the period.

For the year, the company reported a loss of $85 million, or $1.41 per share. Revenue was reported as $3.1 billion.

For the current quarter ending in March, Gray Media said it expects revenue in the range of $755 million to $770 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTN at https://www.zacks.com/ap/GTN

TEst Draft

updated by pwenzel 3:13pm
Read Next Story