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Nexstar reports Q2 revenue down 3% YoY to $1.23B, primarily due to reduced political ad revenue in a US non-election year, and net income down 14% YoY to $91M (Matthew Keys/TheDesk.net)
Matthew Keys / TheDesk.net:
Nexstar reports Q2 revenue down 3% YoY to $1.23B, primarily due to reduced political ad revenue in a US non-election year, and net income down 14% YoY to $91M — Key Points: — Nexstar reported $1.23 billion in Q2 revenue, down 3.2% on a year-over basis due to lower political ad spending in a non-election year.