Gray Media Sets Date for Fourth Quarter Earnings Release and Conference Call

Gray Media, Inc. (NYSE: GTN), a leading multimedia company, has announced that it will release its earnings results for the quarter ended December 31, 2024 on Thursday, February 27, 2025. The company will host a conference call to discuss its operating results for the quarter, which will begin at 11:00 a.m. Eastern Time. The live dial-in number is 1-800-285-6670, and the call will be webcast live and available for replay at www.graymedia.com. The taped replay of the conference call will be available at 1-888-556-3470 Passcode: 898476# until March 27, 2025.

Gray Media, Inc. is a multimedia company headquartered in Atlanta, Georgia, and is the nation's largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 36 percent of US television households. The portfolio includes 77 markets with the top-rated television station and 100 markets with the first and/or second highest rated television station, as well as the largest Telemundo Affiliate group with 43 markets totaling nearly 1.5 million Hispanic TV Households. The company also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies; and operates video production companies and studio production facilities.

Gray Media's earnings trends have been declining at an average annual rate of -17.5%, while the Media industry saw earnings growing at 5.9% annually. This indicates a significant underperformance compared to the industry average. Additionally, Gray Media's return on equity is 7.1%, and it has net margins of 4.2%, which are relatively low compared to other companies in the industry.



Key factors influencing Gray Media's revenue growth include its expansion of the station portfolio, diversification of revenue streams, affiliation agreements, sports and event broadcasting, and investigative journalism. These factors are likely to continue impacting future earnings as the company continues to expand its reach, diversify revenue streams, and maintain strong affiliations.



Investors and analysts will be looking for signs of improvement in earnings trends, as well as any updates on the company's strategic initiatives and financial guidance during the upcoming earnings call. Gray Media's strategic expansion and acquisition strategy have contributed to its financial performance by increasing its reach and audience share, diversifying its revenue streams, and entering new markets. By pursuing further opportunities for growth, such as acquiring additional television stations and digital assets, expanding digital marketing services and video production businesses, and exploring new revenue streams, Gray Media can continue to grow its revenue, expand its reach, and enhance its financial performance.

In conclusion, Gray Media's upcoming earnings release and conference call will provide valuable insights into the company's financial performance and strategic initiatives. Investors and analysts will be looking for signs of improvement in earnings trends and updates on the company's progress towards its goals. By continuing to expand its reach, diversify revenue streams, and maintain strong affiliations, Gray Media can continue to grow its revenue and enhance its financial performance.