Gray Media (NYSE:GTN.A) Posts Earnings Results

Gray Media (NYSE:GTN.AGet Free Report) released its quarterly earnings results on Friday. The company reported $0.21 EPS for the quarter, Zacks reports. The firm had revenue of $839.00 million during the quarter. Gray Media had a negative return on equity of 3.07% and a negative net margin of 3.12%.

Gray Media Stock Performance

GTN.A stock traded down $0.73 during midday trading on Friday, reaching $5.88. The stock had a trading volume of 9,276 shares, compared to its average volume of 980. The firm has a fifty day simple moving average of $7.41 and a two-hundred day simple moving average of $9.96. Gray Media has a 52-week low of $5.50 and a 52-week high of $15.33. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of $604.11 million, a PE ratio of -3.84 and a beta of 0.51.

Gray Media Company Profile

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Gray Media, doing business as Gray Television, Inc, operates an extensive network of local television stations and digital platforms across the United States. The company’s broadcast portfolio offers a mix of network-affiliated programming—ranging from national news and entertainment from ABC, CBS, NBC and Fox—to locally produced content including news, sports and weather coverage. In addition to traditional broadcast, Gray Media provides digital advertising, streaming and over-the-top solutions through its websites, mobile apps and branded digital marketplaces.

Established in 1946 as Gray Communications Systems, the company went public in 2006 and adopted the Gray Television name in 2010.

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Earnings History for Gray Media (NYSE:GTN.A)

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