Gray Television, Inc. (NYSE:GTN) Q1 2023 Earnings Conference Call May 5, 2023 11:00 AM ET
Company Participants
Hilton Howell - Executive Chairman & CEO
Kevin Latek - EVP, Chief Legal & Development Officer and Secretary
Donald LaPlatney - President, Co-CEO & Director
James Ryan - EVP & CFO
Conference Call Participants
Daniel Kurnos - The Benchmark Company
Aaron Watts - Deutsche Bank
James Goss - Barrington Research Associates
Alan Gould - Loop Capital Markets
Craig Huber - Huber Research Partners
John Kornreich - JK Media
Steven Cahall - Wells Fargo Securities
Michael Kupinski - NOBLE Capital Markets
Monica Liu - Onex
Operator
Welcome to the Gray Television Q1 2023 Earnings Call. I will now turn the call over to our Chairman and CEO, Hilton Howell. You may begin.
Hilton Howell
Thank you, Misty. Good morning, everyone. As our operator mentioned, I am Hilton Howell, the Chairman and CEO of Gray Television. I want to thank all of you for joining our first quarter 2023 earnings call.
With me today are our executive officers, our President and Co-CEO, Pat LaPlatney; our Chief Legal and Development Officer, Kevin Latek; and our Chief Financial Officer, Jim Ryan. As you all know, I'm sure, since our last earnings call, our Chief Operating Officer, Bob Smith, has retired after a long and singularly distinguished career. We wish him all the best in his next adventures and thank him for some of the extraordinary and bold initiatives that he began and that our company still benefits from.
With that, we will begin with the disclaimer that Kevin will provide. Kevin?
Kevin Latek
Thank you, Hilton. Good morning, everyone. Gray uses its website as a key source of company information. The website address is www.gray.tv. We will file our quarterly report on Form 10-Q with the SEC later today.
Included on the call may be a discussion of non-GAAP financial measures, and in particular, broadcast cash flow, operating cash flow, free cash flow and certain leverage ratios. These metrics are not meant to replace GAAP measurements but are provided as supplements to assist the public in their analysis and valuation of our company. Included in our earnings release as well as on our website are reconciliations of the non-GAAP financial measures to the GAAP measures reported in our financial statements.
Certain matters discussed on this call may include forward-looking statements regarding, among other things, future operating results. Those statements are subject to a number of risks and uncertainties. Results in the future could differ from those expressed or implied in any forward-looking statements as a result of various important factors that have been set forth in the company's most recent reports filed with the SEC, including our most recent annual report on Form 10-K and our most recent earnings release. The company undertakes no obligation to update these forward-looking statements.