Nexstar sees record 16% lift in Q2 revenues

By on Aug, 7 2014 with Comments 0

Nexstar Broadcasting Group

Nexstar Broadcasting Q2 net revenue rose 16.4% to a record $146.9 million. That growth drove Q2 operating income of $34.9 million, broadcast cash flow of $58.7 Million, adjusted EBITDA of $49.6 million. Nexstar saw a 72% jump in digital media revenue in Q2 to $13.3 million. The higher mix of the digital business helped push up margins for the company.

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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