May 8 (Reuters) - Gray Television Inc ::GRAY REPORTS RECORD OPERATING RESULTS.Q1 LOSS PER SHARE $0.31.Q1 EARNINGS PER SHARE ESTIMATE $-0.25 -- REFINITIV IBES DATA.SEES Q2 2019 REVENUE ABOUT $502 MILLION TO $512 MILLION.Q1 REVENUE $518 MILLION VERSUS REFINITIV IBES ESTIMATE OF $498.5 MILLION.BELIEVE Q2 2019 LOCAL ADVERTISING REVENUE WILL CHANGE TO BE WITHIN A RANGE OF APPROXIMATELY $223 MILLION TO $228 MILLION.FOR Q2 OF 2019, ANTICIPATE BROADCAST OPERATING EXPENSES WILL INCREASE FROM Q2 OF 2018.Q2 REVENUE VIEW $511.7 MILLION -- REFINITIV IBES DATA.
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Feb 28 (Reuters) - Gray Television Inc ::GRAY REPORTS RECORD OPERATING RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.06 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $1.00.SEES Q1 2019 REVENUE ABOUT $495 MILLION TO $502 MILLION.QUARTERLY REVENUE ROSE 40 PERCENT TO $328.2 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.92 -- REFINITIV IBES DATA.CO'S RESULTS OF OPERATIONS IN Q1 OF 2019 WILL BE MATERIALLY IMPACTED BY RAYCOM MERGER.GRAY TELEVISION - Q1 2019 LOCAL ADVERTISING REVENUE (INCLUDING INTERNET/DIGITAL/MOBILE) WILL BE WITHIN A RANGE OF APPROXIMATELY $202.0 MILLION TO $205.0 MILLION.IN Q1, SEES ABOUT $4.7 MILLION OF REVENUE FROM BROADCAST OF SUPER BOWL IN 44 CBS MARKETS.GRAY TELEVISION - TOTAL BROADCAST OPERATING EXPENSES FOR Q1 SEEN TO INCREASE FROM Q1 OF 2018 ON A COMBINED HISTORICAL BASIS BY ABOUT $55.0-$58.0 MILLION.BROADCAST EXPENSES IN Q1 SEEN TO INCLUDE $33.0 -$34.0 MILLION OF TRANSACTION RELATED EXPENSES ASSOCIATED WITH RAYCOM MERGER.GRAY TELEVISION - TOTAL CORPORATE & ADMINISTRATIVE OPERATING. EXPENSES FOR Q1 SEEN TO RISE FROM Q1 OF 2018 ON COMBINED HISTORICAL BASIS BY ABOUT $28-$33 MILLION.
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Feb 8 (Reuters) - Gray Television Inc ::GRAY ENTERS NEW YORK STATE AND MINNESOTA WITH PURCHASE OF UNITED’S STRONG TELEVISION STATIONS.PROPOSED DEAL FOR OF $45 MILLION..PROPOSED DEAL FOR TOTAL PURCHASE PRICE OF $45 MILLION..ANTICIPATE THAT TRANSACTION WILL BE IMMEDIATELY FREE CASH FLOW ACCRETIVE, AND WE WILL FUND ACQUISITION WITH CASH ON HAND.
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Jan 9 (Reuters) - Gray Television Inc ::GRAY RENEWS ALL ABC AFFILIATION AGREEMENTS.GRAY TELEVISION - ENTERED MULTI-YEAR AGREEMENTS WITH ABC TELEVISION NETWORK RENEWING NETWORK AFFILIATIONS FOR ALL OF CO'S 28 ABC AFFILIATED TV STATIONS.
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Jan 8 (Reuters) - Gray Television Inc ::GRAY TELEVISION INC - SELLING STOCKHOLDERS MAY OFFER AND RESELL UP TO 11.5 MILLION SHARES OF CO'S COMMON STOCK - SEC FILING.
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Nov 1 (Reuters) - Gray Television Inc ::GRAY ANNOUNCES UPSIZING AND PRICING OF $750.0 MILLION OF 7.0% SENIOR NOTES DUE 2027.GRAY TELEVISION INC - UPSIZE REPRESENTS AN INCREASE OF $250.0 MILLION OVER AMOUNT PREVIOUSLY ANNOUNCED.
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Nov 1 (Reuters) - Gray Television Inc ::GRAY ANNOUNCES PRIVATE OFFERING OF SENIOR NOTES.GRAY TELEVISION INC - INTENDS TO OFFER UP TO $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2027.GRAY TELEVISION INC - NOTES ARE BEING OFFERED TO FINANCE, TOGETHER WITH CASH ON HAND AND ANTICIPATED DEBT FACILITIES AND INDEBTEDNESS OF GRAY.GRAY TELEVISION INC - NOTES ARE BEING OFFERED TO FINANCE ACQUISITION OF RAYCOM MEDIA INC.
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Oct 22 (Reuters) - Gray Television Inc ::GRAY ANNOUNCES PROPOSED $2.15 BILLION INCREMENTAL TERM LOAN AND AMENDMENT TO ITS CURRENT SENIOR CREDIT FACILITY; UPDATES GUIDANCE FOR THIRD QUARTER 2018.GRAY TELEVISION INC - ANNOUNCED UPDATES TO CERTAIN OF ITS PREVIOUSLY ANNOUNCED GUIDANCE FOR Q3 OF 2018.GRAY TELEVISION INC - AMEND CERTAIN TERMS OF ITS REVOLVING CREDIT FACILITY, INCREASE AMOUNT AVAILABLE UNDER REVOLVER FROM $100 MILLION TO $200 MILLION.GRAY TELEVISION INC - EXTEND MATURITY OF CREDIT FACILITY FROM FEBRUARY 2022 TO OCTOBER 2023.GRAY TELEVISION INC SEES Q3 2018 OPERATING REVENUE $278 MILLION TO $280 MILLION.GRAY TELEVISION-TO AMEND CREDIT FACILITY THAT WOULD INCUR ADDITIONAL 7-YEAR INCREMENTAL TERM LOAN TO FINANCE, IN PART, PREVIOUSLY SAID RAYCOM MEDIA DEAL.
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Sept 20 (Reuters) - Gray Television Inc ::GRAY TELEVISION REACHES AGREEMENT IN PRINCIPLE TO RENEW ALL GRAY NBC AFFILIATIONS NATIONWIDE.GRAY TELEVISION - REACHED AGREEMENT IN PRINCIPLE WITH NBC NETWORK THAT EXTENDS AND RENEWS ALL OF GRAY'S EXISTING NBC NETWORK AFFILIATIONS.
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Aug 20 (Reuters) - Tegna Inc ::TEGNA TO ACQUIRE THE LEADING TELEVISION STATIONS WTOL IN TOLEDO, OH, AND KWES IN ODESSA-MIDLAND, TX.TEGNA INC - DEAL FOR $105 MILLION IN CASH.TEGNA INC - TRANSACTION WILL HAVE NO MATERIAL IMPACT ON TEGNA'S LEVERAGE.TEGNA INC - TEGNA EXPECTS TRANSACTION TO BE ACCRETIVE TO EPS IN LESS THAN A YEAR AFTER CLOSE AND IMMEDIATELY ACCRETIVE TO FREE CASH FLOW.TEGNA INC - WILL FINANCE DEAL THROUGH USE OF AVAILABLE CASH AND BORROWING UNDER ITS EXISTING CREDIT FACILITY.TEGNA - AGREEMENT WITH GRAY TELEVISION TO ACQUIRE LOCAL STATIONS WTOL, CBS AFFILIATE IN TOLEDO, OH, & KWES, NBC AFFILIATE IN ODESSA-MIDLAND, TX.
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