ATLANTA (AP) — ATLANTA (AP) — Gray Media, Inc. (GTN) on Thursday reported a loss of $10 million in its fourth quarter.
On a per-share basis, the Atlanta-based company said it had a loss of 24 cents. Losses, adjusted for asset impairment costs, came to 22 cents per share.
The broadcast television company posted revenue of $792 million in the period.
For the year, the company reported a loss of $85 million, or $1.41 per share. Revenue was reported as $3.1 billion.
For the current quarter ending in March, Gray Media said it expects revenue in the range of $755 million to $770 million.
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