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Gray Appoints Four New General Managers

https://www.broadcastingcable.com/news/gray-television-reports-higher-first-quarter-net

Here is the earnings of Gray


Gray Television reported positive net income in the first quarter, reversing a year ago loss, but warned that the COVID-19 pandemic was having a negative impact on its operations.


Net income was $40 million, or 40 cents a share, compared to a net loss of $31 million, or 31 cents a share a year ago.

Revenue rose 3% to $534 million.

Local ad revenue was down 6% to $199 million. Retranmission revenue rose 4% to $213 million.
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