{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-019124","form_type":"8-K","ticker":"NXST","cik":"0001142417","company_name":"NEXSTAR MEDIA GROUP, INC.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.055087+00:00","generated_at":"2026-06-15T08:11:14.784972+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nexstar Q1 revenue record $1.26B (+3.9% YoY); net income falls 65% to $88M","bullets":["Record Q1 net revenue of $1.257B, up 3.9% YoY; operating income $204M (down 38%).","Adjusted EBITDA $491M (down 23.9%); attributable free cash flow $383M (down 31.9%).","Board approved 50% dividend increase to $1.35/share; returned $225M to shareholders in Q1.","Distribution revenue record $728M (+9.0%); digital revenue record $92M (+16.5% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-019124","json":"https://secwatch.observer/filing/0000950170-23-019124.json","markdown":"https://secwatch.observer/filing/0000950170-23-019124.md","text":"https://secwatch.observer/filing/0000950170-23-019124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1142417/000095017023019124/0000950170-23-019124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1142417/000095017023019124/nxst-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T08:11:14.784972+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"709a598e2959395208cffa949198464bbc6ce076","claim":"NEXSTAR MEDIA GROUP, INC. reported first quarter ended March 31, 2023 results: revenue $1,257, net income $88.","evidence_excerpt":"Revenue 8 24 (66.7 ) Total Television Advertising Revenue $425 $452 (6.0 ) Distribution Revenue 728 668 +9.0 Digital Revenue 92 79 +16.5 Other Revenue 12 11 +9.1 Net Revenue $1,257 $1,210 +3.9 Income from Operations $204 $329 (38.0 ) Net Income $88 $252 (65.1 ) Adjusted EBITDA (2), (3) $491 $645 (23.9 ) Adjusted EBITDA Margin (4) 39.1 % 53.3 % Attributable","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1142417/000095017023019124/0000950170-23-019124-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$1,257"},{"label":"Net income","value":"$88"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}