Nexstar Media(NXST) - 2024 Q2 - Quarterly Results

Exhibit 99.1 SECOND QUARTER 2024 EARNINGS RELEASE August 8, 2024 NEXSTAR MEDIA GROUP REPORTS RECORD SECOND QUARTER NET REVENUE OF $1.27 BILLION Q2 Net Revenue Drives Net Income of $106 Million, Adjusted EBITDA of $398 Million and Adjusted Free Cash Flow of $78 Million All-Time High Second Quarter Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $33 Million Quarterly Return of Capital to Shareholders of $190 Million, Reducing Shares Outstanding by 1.7% STATEMENT FROM PERRY A. SOOK, F ...