Gray Media (GTN) Posts Q4 2025 Results, Misses Street's Estimates

​Gray Media, Inc. (NYSE:GTN) is one of the Best Value Penny Stocks to Buy Now. On February 26, Gray Media Inc released its fiscal Q4 2025 earnings. The results topped management’s guidance but fell short of Wall Street’s expectations.

​The company delivered $792 million in revenue, reflecting 24% year-over-year decline and falling short of expectations by $12 million. Management noted that the revenue exceeded the top-end of its previously disclosed guidance of $782 million. The EPS for the quarter came in at negative $0.24 but topped the consensus by $0.09.

Gray Media, Inc. (NYSE:GTN) noted the quarter benefited from better-than-expected MVPD subscriber trends, which resulted in a year-over-year increase in Net Retransmission Revenue. Notably, the broadcasting expenses declined by $78 million during the year, reflecting a 3% decrease from fiscal 2024.

​Looking ahead, management remains optimistic for continued revenue stability in core and net retransmission categories. The company also expects that its pending M&A activity and favorable political cycle in 2026 will result in further leverage reduction.

​Gray Media Inc. (NYSE:GTN) is a multimedia company that owns and operates television stations and digital assets in the US. It owns Gray Digital Media, which is a digital agency that provides clients with digital marketing strategies. It also operates video production companies and studio production facilities.