{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-025932","form_type":"8-K","ticker":"GTN","cik":"0000043196","company_name":"GRAY MEDIA, INC","filed_at":"2022-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.210565+00:00","generated_at":"2026-06-22T07:20:53.348863+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gray Television Q3 revenue $909M (+51%), EPS $1.03; political ad $144M below guidance","bullets":["Net income attributable to common stockholders $95M ($1.03 diluted EPS) vs. loss of $30M in Q3 2021.","Political advertising revenue $144M (+1500% YoY) fell short of August guidance; full-year forecast $495-505M.","Core advertising $359M (+23% As-Reported, -3% Combined Historical Basis due to political displacement).","Returned $124M to shareholders: $100M debt prepayment and $20M dividends; additional $100M prepayment Nov 1.","Q4 guidance: total revenue $1.017-1.049B, core ad $385-400M, political $235-245M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-025932","json":"https://secwatch.observer/filing/0001437749-22-025932.json","markdown":"https://secwatch.observer/filing/0001437749-22-025932.md","text":"https://secwatch.observer/filing/0001437749-22-025932.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/43196/000143774922025932/0001437749-22-025932-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/43196/000143774922025932/gtn20221102_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T07:20:53.348863+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":"4c520cf43e3626c896f778f2a76ae555fd4c368c","claim":"GRAY MEDIA, INC reported three-months and nine-months ended September 30, 2022 results: revenue $909 million, net income $95 million, EPS $1.03 per fully diluted share. Guidance reaffirmed.","evidence_excerpt":"a 417% increase in net income attributable to common stockholders, compared to the third quarter of 2021. Overall, the third quarter of 2022 produced record results, including $909 million in total revenue, due to the combination of recent acquisitions, added scale, increasingly efficient integrated operations, and the “on-year” of the two-year political","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/43196/000143774922025932/0001437749-22-025932-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three-months and nine-months ended September 30, 2022"},{"label":"Revenue","value":"$909 million"},{"label":"Net income","value":"$95 million"},{"label":"EPS","value":"$1.03 per fully diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}