Gray Television (GTN) Misses Q4 EPS by 3c, Misses on Revenue

Go back to Gray Television (GTN) Misses Q4 EPS by 3c, Misses on Revenue

Gray Media Reports Fourth Quarter Results Exceeding Guidance

February 26, 2026 6:00 AM EST

ATLANTA, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced its financial results for the fourth quarter that ended December 31, 2025.

EXECUTIVE COMMENTARY

Hilton Howell, Jr., Chairman and CEO, commented, We delivered strong fourth quarter financial results, with revenue and Adjusted EBITDA exceeding consensus expectations. The quarter benefited from better-than-expected MVPD subscriber trends, which drove year-over-year growth in Net Retransmission Revenue (retransmission consent revenue less network affiliation fees). We also achieved a 3% reduction in broadcasting expenses for full year 2025. Additionally, our 2025 debt refinancings extended the majority of our debt... More