Exhibit 99.1 NEWS RELEASE Gray Announces Third Quarter Financial Results, Additional Cost Containment Initiatives, Approximately $500 Million of Full-Year 2024 Political Ad Revenue and Projected $500 Million Full-Year 2024 Net Debt Reduction Atlanta, Georgia – November 8, 2024. . . Gray Television, Inc. ("Gray," "Gray Media," "we," "us" or "our") (NYSE: GTN) today announced a strong third quarter ended September 30, 2024. Gray also projected full-year 2024 political advertising revenue of $500 million, as w ...

Gray Television (GTN) came out with quarterly earnings of $0.86 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to loss of $0.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.51%. A quarter ago, it was expected that this broadcast television company would post earnings of $0.10 per share when it actually produced earnings of $0.09, delivering a surprise of -10%. Over the last four quarte ...

ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” “we,” “us” or “our”) (NYSE: GTN) today announced a strong third quarter ended September 30, 2024. Gray also projected full-year 2024 political advertising revenue of $500 million, as well as full-year 2024 Net Debt reduction of $500 million. SUMMARY OF THIRD QUARTER RESULTS OPERATING HIGHLIGHTS: Total revenue in the third quarter of 2024 was $950 million, an increase of 18% from the third quarter of 2023.Core advertising ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Gray Television (GTN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Gray Television currently has an av ...

The most recent trading session ended with Gray Television (GTN) standing at $5.64, reflecting a +1.99% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.27% gain on the day. At the same time, the Dow added 0.65%, and the tech-heavy Nasdaq gained 0.26%. The the stock of broadcast television company has risen by 4.14% in the past month, leading the Consumer Discretionary sector's gain of 1.51% and the S&P 500's gain of 2%. Analysts and investors alike will be keeping a clos ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Gray Television (GTN) . Gray Television currently has an average brokerage ...

In the latest trading session, Gray Television (GTN) closed at $5.67, marking a +1.25% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.77%. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.87%. Coming into today, shares of the broadcast television company had gained 12.45% in the past month. In that same time, the Consumer Discretionary sector gained 2.82%, while the S&P 500 gained 4.87%. Analysts and ...

ATLANTA, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that it will release its earnings results for the quarter ended September 30, 2024 on Friday, November 8, 2024. Earnings Conference Call Information Gray Media will host a conference call to discuss its operating results for the quarter ended September 30, 2024 on Friday, November 8, 2024. The call will begin at 11:00 a.m. Eastern Time. The live dial-in number is 1-800- 285-6670. The call will be webcast live and available for ...

Gray Television (GTN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this broadcast television company have returned +14.4% over the past month versus the Zacks S&P 500 composite's +5.4% change. The Zacks Broadcast Radio and Television industry, to which Gray Television belongs, has gained 4.7% over this period. Now the key question is: Where could the stock be headed in th ...

ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that its local television stations have raised more than $290,000 for Hurricane Helene response efforts, and Gray itself will donate an additional $50,000 to the relief fund. The money raised will provide immediate aid as well as long-term assistance for residents impacted by the deadly storm system that took the lives of more than 200 people and left a path of destruction across six states. "We are truly grateful to our viewe ...