Gray Television to Announce Q4/FY23 Results Feb 28

TL;DR

**Gray Television is dropping Q4/FY23 earnings on Feb 28, get ready for potential stock moves!**

AI Summary

Gray Television, Inc. filed an 8-K on January 30, 2024, to announce that it will be issuing a press release on February 28, 2024, to report its financial results for the fourth quarter and full year ended December 31, 2023. The company will also host a conference call and webcast on the same day at 10:00 a.m. EST to discuss these results. This matters to investors because it provides a clear timeline for when they can expect to receive crucial financial performance data, which will likely influence the stock's short-term price movement.

Why It Matters

This filing sets the date for Gray Television's upcoming earnings release, giving investors a specific timeline to anticipate key financial performance metrics that will impact stock valuation.

Risk Assessment

Risk Level: low — This filing is purely informational, announcing a future event, and does not contain any immediate financial risks or changes.

Analyst Insight

A smart investor would mark February 28, 2024, on their calendar and prepare to analyze Gray Television's Q4 and full-year 2023 financial results for potential investment opportunities or risks.

Key Players & Entities

• Gray Television, Inc. (company) — the registrant filing the 8-K
• February 28, 2024 (date) — date of the press release and conference call
• 10:00 a.m. EST (time) — start time of the conference call and webcast
• December 31, 2023 (date) — end of the fiscal year and fourth quarter being reported

Forward-Looking Statements

• Gray Television's stock price will experience increased volatility around February 28, 2024. (Gray Television, Inc.) — high confidence, target: 2024-02-28
• Analyst coverage and investor discussions regarding Gray Television will intensify leading up to the earnings release. (Gray Television, Inc.) — medium confidence, target: 2024-02-28

FAQ

Filing Documents

• gtn20240129_8k.htm (8-K) — 26KB
• ex_620631.htm (EX-99.1) — 37KB
• graylogo01.jpg (GRAPHIC) — 10KB
• 0001437749-24-002515.txt ( ) — 228KB
• gtn-20240130.xsd (EX-101.SCH) — 4KB
• gtn-20240130_def.xml (EX-101.DEF) — 13KB
• gtn-20240130_lab.xml (EX-101.LAB) — 17KB
• gtn-20240130_pre.xml (EX-101.PRE) — 13KB
• gtn20240129_8k_htm.xml (XML) — 5KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On January 30, 2024, Gray Television, Inc. (the "Company") issued a press release (the "Press Release") that disclosed, among other things, updates to certain previously announced guidance for the fourth quarter of 2023, based on preliminary information available to date. A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated into this Item 2.02 by reference. The information set forth under this Item 2.02 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. The Press Release also announced (i) that the Company is proposing, subject to market and other conditions, to refinance certain of its existing senior credit facilities and (ii) the Company's anticipated proceeds from the sale of Broadcast Music, Inc. The Press Release attached hereto as Exhibit 99.1 is incorporated into this Item 7.01 by reference. The information set forth under this Item 7.01 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as may be expressly set forth by specific reference in such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release issued by Gray Television, Inc. – on January 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Gray Television, Inc. January 30, 2024 By: /s/ James C. Ryan Name: James C. Ryan Title: Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR