Similar companies
| Company | Revenue | |
|---|---|---|
 |
AMCAMC |
1.35B 30.9% |
 |
DisneyDIS |
22.6B 2.5% |
 |
Fubo TVFUBO |
394M 2.3% |
 |
RokuROKU |
1.07B 10% |
 |
NetflixNFLX |
9.82B 2.8% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.25B | 8.4% |
| Gross Profit | 291M | 47% |
| Cost of Revenue | 962M | 0.4% |
| Operating expense | 399M | 1.7% |
| Net Income | 187M | 58.5% |
| EBITDA | 456M | 21% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 11.7B | 1.1% |
| Total Liabilities | 9.45B | 0.9% |
| Total Equity | 2.22B | 2.1% |
| Shares Outstanding | 31M | 3.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 387M | 119.9% |
| Cash from investing | -29M | 17.1% |
| Cash from financing | -323M | 39.2% |
EPS
Financial Highlights for Nexstar Media Group in Q3 '24
Nexstar Media Group reported a revenue of 1.25B, which is a 8.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 291M, marking a 47% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 962M, a 0.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 399M, showing a -1.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 187M, showing a 58.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 456M, showing a 21% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Nexstar Media Group with growth in revenue, gross profit, and net income.
