Nexstar Media Beats Q2 Aided By Political Advertising, Distribution, Digital Revenues
Nexstar Media Group, Inc (NASDAQ: NXST ) reported a second-quarter FY22 net revenue growth of 10% year-on-year to $1.25 billion, beating the consensus of $1.23 billion. Revenues from Television Advertising rose 15.7% Y|Y to $499.7 million, comprising Core Advertising revenue that fell 2.5% Y|Y to $413 million and a 920% growth in Political Advertising revenue to … Full story available on Benzinga.com
Nexstar Media Beats Q2 Aided By Political Advertising, Distribution, Digital Revenues
Nexstar Media Group, Inc (NASDAQ: NXST ) reported a second-quarter FY22 net revenue growth of 10% year-on-year to $1.25 billion, beating the consensus of $1.23 billion. Revenues from Television Advertising rose 15.7% Y|Y to $499.7 million, comprising Core Advertising revenue that fell 2.5% Y|Y to $413 million and a 920% growth in Political Advertising revenue to … Full story available on Benzinga.com