Nexstar's Q4 Revenue Takes Hit From Political Advertising Slump, Eyes Future Cash Flow Maximization - Nexstar Media Gr (NASDAQ:NXST)
Nexstar Media Group reported Q4 revenue decline of 12.3%, affected by decrease in political ads but saw growth in other areas. EPS at $3.32. 2024 outlook: Adjusted EBITDA of $2.085-2.195 billion.