Gray Skies Clearing For A Strong Q1?


Gray Television released its Q4 2017 earnings results on Monday, and net revenue dipped 2% while net income soared.

But, it is the Q1 2018 results that investors may already be focused on, given reports of lackluster ratings for NBC’s coverage of the Winter Olympic Games. Coverage from PyeongChang, South Korea was forecast to deliver beaucoup dollars to broadcast TV—and Gray is predicting double-digit growth compared to Q1 2017.

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