Nexstar Media Group, Inc. (NXST) Q1 2023 Earnings Call Transcript

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Q1: 2023-05-09 Earnings Summary

EPS of $2.97 beats by $0.41
 | Revenue of $1.26B (3.88% Y/Y) beats by $17.48M

Nexstar Media Group, Inc. (NASDAQ:NXST) Q1 2023 Earnings Conference Call May 9, 2023 10:00 AM ET

Company Participants

Joe Jaffoni – Investor Relations
Perry Sook – Chairman and Chief Executive Officer
Tom Carter – President and Chief Operating Officer
Lee Ann Gliha – Chief Financial Officer

Conference Call Participants

Dan Kurnos – Benchmark
Craig Huber – Huber Research Partners
Jim Goss – Barrington Research
Benjamin Soff – Deutsche Bank
Steven Cahall – Wells Fargo
Barton Crockett – Rosenblatt Securities
Nick Zangler – Stephens
Alan Gould – Loop Capital

Operator

Good day, and welcome to Nexstar Media Group's First Quarter 2023 Conference Call. Today's call is being recorded.

And now I'll turn the conference over to Joe Jaffoni, Investor Relations. Please go ahead, sir.

Joe Jaffoni

Thank you, Kyle, and good morning, everyone. Let me read the safe harbor language, and then we'll get right into the call and your questions and answers. All statements and comments made by management during this conference call other than statements of historical fact, may be deemed forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. Nexstar cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those reflected by the forward statements made during this call.

For additional details on these risks and uncertainties, please see Nexstar's annual report on Form 10-K for the year ended December 31, 2022, as filed with the Securities and Exchange Commission, and Nexstar's subsequent public filings with the SEC. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Thank you for your patience. With that, it's now my pleasure to turn the conference over to your host, Nexstar Chairman and CEO, Perry Sook. Perry, please go ahead.

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