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menu-item-type-post_type menu-item-object-page menu-item-16182"><a href="https://www.nexstar.tv/advertising/">Advertising</a></li> </ul></div> </nav> </header> <main id="main" class="site-main"> <div id="content" class="site-content"> <div id="primary" class="content-area"> <article id="post-16461" class="post-16461 post type-post status-publish format-standard hentry category-releases_corporate category-news category-press-releases category-press-releases_cw category-financial-releases category-press-releases_networks"> <header class="entry-header"> <h1 class="entry-title">Nexstar Media Group Reports Record Third Quarter Net Revenue of $1.37 Billion</h1> <div class="entry-meta"> <span class="posted-on"><a href="https://www.nexstar.tv/nexstar-media-group-reports-record-third-quarter-net-revenue-of-1-37-billion/" rel="bookmark"><time class="entry-date published updated" datetime="2024-11-07T06:01:32-06:00">November 7, 2024</time></a></span> </div> </header> <div class="rich-text"> <p><strong>Q3 Net Revenue Drives Net Income of $180 Million, Adjusted EBITDA(1) of $510 Million, Net Cash Provided by Operating Activities of $387 Million and Adjusted Free Cash Flow (1) of $327 Million</strong></p> <p><strong>All-Time High Third Quarter Distribution Revenue</strong></p> <p><strong>Reduced Year-over-Year Quarterly Losses at The CW by $36 Million</strong></p> <p><strong>Quarterly Return of Capital to Shareholders of $233 Million, Reducing Shares Outstanding by 3.1%</strong></p> <hr /> <p><a href="https://www.nexstar.tv/wp-content/uploads/2024/11/NXST-3Q24-PR-11-6-24-Final.pdf" target="_blank" rel="noopener">VIEW FULL PRESS RELEASE HERE</a><br /> <a href="https://www.nexstar.tv/wp-content/uploads/2024/11/3Q24-Supplemental-11-6-24-FINAL.pdf" target="_blank" rel="noopener">VIEW SUPPLEMENTAL FINANCIAL INFORMATION HERE</a></p> </div> </article> <nav class="navigation post-navigation" aria-label="Posts"> <h2 class="screen-reader-text">Post navigation</h2> <div 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