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Nexstar (NXST) Q1 FY26 earnings call

Earnings call· Mar 2026 (Q1 FY26)· Communication Services· May 7, 2026

Source: earnings call transcript

Nexstar delivered strong financial results in Q1 FY26, including record revenue and robust adjusted EBITDA and free cash flow, bolstered by the partial inclusion of TEGNA operations. The company is actively navigating complex litigation surrounding the TEGNA acquisition, which currently mandates a 'hold separate' operational structure. Despite near-term advertising headwinds and the legal uncertainties, Nexstar remains focused on strategic growth initiatives for CW and NewsNation, capital allocation, and deleveraging, while maintaining confidence in the merits of its legal position.

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Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.