Nexstar Media Group Reports Record Fourth Quarter Net Revenue of $1.49 Billion
Q4 Net Revenue Drives Net Income of $229 Million, Adjusted EBITDA of $628 Million, Net Cash Provided by Operating Activities of $411 Million and Adjusted Free Cash Flow of $411 Million
Reduced Year-over-Year Losses at The CW by $7 Million in the Quarter and $126 Million for the Year
Quarter and Full Year Return of Capital to Shareholders of $230 Million and $820 Million, Respectively, Reducing Shares Outstanding by 8.9% during 2024
Repaid $327 Million of Debt during 2024, Achieving Net Leverage of 2.91x for 2024
Provides 2025 Adjusted EBITDA Guidance in a Range of $1.5 Billion to $1.595 Billion