Gray finishes 2023 in a strong position and issues positive outlook for 2024

Atlanta, feb. 23, 2024 (globe newswire) -- gray television, inc. (“gray,” “we,” “us” or “our”) (nyse: gtn) today announced strong financial results for the fourth quarter ended december 31, 2023, including total revenue of $864 million, which was in-line with the high end of our revenue guidance and total operating expenses (before depreciation, amortization, impairment and loss on disposal of assets) of $664 million, which was below the low end of our expense guidance for the quarter.
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