Welcome to our dedicated page for Gray Television news (Ticker: $GTN), a resource for investors and traders seeking the latest updates and insights on Gray Television stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gray Television's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gray Television's position in the market.
Gray Television, Inc. (NYSE: GTN) has declared a quarterly cash dividend of $0.08 per share for its common stock and Class A common stock, payable on June 28, 2024. The dividend is authorized by the company's Board of Directors and will be distributed to shareholders of record as of June 14, 2024.
Gray Television, Inc. reported strong financial results for Q1 2024 with total revenue of $823 million and core advertising revenue up by 4% to $372 million. The company anticipates a strong political advertising revenue later in the year, with an extension of its revolving credit facility. Additionally, Gray's Board authorized a $250 million debt repurchase program.
Gray Television, Inc. (NYSE: GTN) is rolling out advanced features with NEXTGEN TV, offering superior picture quality and immersive sound to viewers in Louisville and Las Vegas. Gray's NBC affiliate WAVE(TV) in Louisville is the first major network affiliate to broadcast in HDR with Dolby Vision and Dolby Atmos, while Gray's FOX affiliate KVVU(TV) in Las Vegas is the first to launch as a NEXTGEN Virtual Broadband IP Channel. Gray aims to bring innovative features to more of its stations in the upcoming months, including interactive services like Local News Live. The company is focused on enhancing viewer experiences and delivering on the promises of NEXTGEN TV.
