Gray reports record operating results for the quarter ended september 30, 2020

Atlanta, nov. 05, 2020 (globe newswire) -- gray television, inc. (“gray,” “we," “us” or “our”) (nyse: gtn) today announced financial results for the third quarter ended september 30, 2020. the impact of the novel coronavirus and its disease (collectively, “covid-19”) on economic activity continued to impact our revenues and results for the third quarter and nine-months ended september 30, 2020. despite these macroeconomic challenges, we increased our cash on hand by $88 million in the third quarter and repurchased $10 million of our common stock. key financial results are as follows:
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