GTN news

Gray Media raised its third quarter revenue guidance and significantly increased its political advertising revenue outlook for Q3 2026, driven by a strong political ad outlook and recent acquisitions.

Gray Media intends to issue up to $750 million in notes to redeem old debt and repay credit facilities.

Gray Media Board authorized a quarterly cash dividend of $0.08 per share payable September 30, 2026. This action indicates the company's continuing capital return strategy and financial strength.

Gray Media announced Q2 2026 results ahead of guidance excluding corporate expenses. Political advertising significantly boosted revenue, while net leverage improved.