Abiopharma

NEXSTAR MEDIA GROUP, INC. (NXST) Reports the reporting period Financial Results NEXSTAR MEDIA GROUP, INC. (NXST) announced its financial results for the period ending the reporting period. Key Financial Highlights:

• Revenue: $1,396
• Net Income: $160
• EPS: Not disclosed
• Cash and equivalents: $436
  • Closed the acquisition of TEGNA Inc. (“TEGNA”) following approvals from the Federal Communications Commission and the United States Department of Justice. (March 2026)‒This transaction enables Nexstar to better weather the intensifying pressures exerted by the unchecked rise of Big Tech platforms and to preserve unbiased local news across every community we serve.‒Nexstar is presently involved in legal proceedings with parties challenging our acquisition of TEGNA, and during the pendency of those proceedings Nexstar has and will abide by the hold
  • separate order. As the judicial process moves forward, we are confident that we will prevail.
  • Returned $56 million to shareholders in dividend payments in the first quarter. (January 2026)