Gray Media, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2025

Published: 2025-05-08 06:00:00 ET GTN

Published on 05/08/2025 at 06:00, updated on 05/08/2025 at 07:52

Gray Media, Inc. reported earnings results for the first quarter ended March 31, 2025. For the first quarter, the company reported sales was USD 27 million compared to USD 24 million a year ago. Revenue was USD 782 million compared to USD 823 million a year ago.

Net loss was USD 9 million compared to net income of USD 88 million a year ago. Basic loss per share from continuing operations was USD 0.23 compared to basic earnings per share from continuing operations of USD 0.8 a year ago. Diluted loss per share from continuing operations was USD 0.23 compared to diluted earnings per share from continuing operations of USD 0.79 a year ago.