Nexstar sees record 16% lift in Q2 revenues


Nexstar Broadcasting Group

Nexstar Broadcasting Q2 net revenue rose 16.4% to a record $146.9 million. That growth drove Q2 operating income of $34.9 million, broadcast cash flow of $58.7 Million, adjusted EBITDA of $49.6 million. Nexstar saw a 72% jump in digital media revenue in Q2 to $13.3 million. The higher mix of the digital business helped push up margins for the company.

Click here to Login & view the full article & read our famous RBR+TVBR observation (Not a member? Join Today!)

Previous articleStock gains muted; Time Warner sells off
Next articleGray scores record quarter; Q2 up 27%
Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.