---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-025266"
form_type: "8-K"
ticker: "GTN"
cik: "0000043196"
company_name: "GRAY MEDIA, INC"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:23:59.832930+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gray TV Q2 net income $22M; cuts 2024 core ad rev guidance to $1.525B, retrans to $1.475B

## Summary
- Total Q2 revenue $826M (+2% YoY); net income $22M vs $4M in Q2 2023.
- Core advertising rev $373M (-2% YoY); full-year guidance lowered to $1.525B from $1.6B.
- Retransmission consent rev $371M (-6% YoY); full-year guidance cut to $1.475B.
- Political advertising rev $47M (+292% YoY); Q3 expected $180-200M.
- Debt refinancing extended maturities to 2027; weighted avg cost of debt rose to 7.7%.

## SEC filing metadata
- accession: 0001437749-24-025266
- form_type: 8-K
- ticker: GTN
- cik: 0000043196
- company_name: GRAY MEDIA, INC
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43196/000143774924025266/0001437749-24-025266-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43196/000143774924025266/gtn20240806_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-025266
- JSON: https://secwatch.observer/filing/0001437749-24-025266.json
- Plain text: https://secwatch.observer/filing/0001437749-24-025266.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.