Gray Television, Inc. (NYSE:GTN) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET

Company Participants

Hilton Howell - Chairman and Chief Executive Officer
Pat LaPlatney - President & Co-Chief Executive Officer
Sandy Breland - Chief Operating Officer
Kevin Latek - Chief Legal & Development Officer
Jeff Gignac - Executive Vice President and Chief Financial Officer

Conference Call Participants

Aaron Watts - Deutsche Bank
Patrick Sholl - Barrington Research
Doug Pardon - Brigade Capital Management
Craig Huber - Huber Research
Michael Kerrane - Truist Securities
Bill Matthews - MUFG
Alan Gould - Loop Capital
Daniel Kurnos - The Benchmark Company
Steven Cahall - Wells Fargo
David Hamburger - Morgan Stanley

Operator

Welcome, ladies and gentlemen to the Gray Media's Q3 2024 Earnings Call. I will now turn the program over to Chairman and CEO, Mr. Hilton Howell, Jr.

Hilton Howell

Thank you, operator and good morning, everyone, and thank you all for being here. As the operator mentioned, I'm Hilton Howell, the Chairman and CEO of Gray Television. And with me here in Atlanta are all of our Executive Officers, Pat LaPlatney, our President and Co-CEO; Sandy Breland, our Chief Operating Officer; Kevin Latek, our Chief Legal and Development Officer and Jeff Gignac, our Chief Financial Officer. As usual, we will begin with a disclaimer that Kevin will provide.

Kevin Latek

Thank you, Hilton. Good morning, everyone. Gray Television, Inc., commonly known as Gray Media or Gray uses its website as a key source of company information. The website address is www.graymedia.com. We will file our Quarterly Report on Form 10-Q with the SEC today. Included on the call may be a discussion of non-GAAP financial measures and in particular, adjusted EBITDA, leverage ratio denominator and certain leverage ratios. These metrics are not meant to replace GAAP measurements, but are provided as supplements to assist the public in its analysis and valuation of our company. Included in our earnings release, as well as on our website are reconciliations of these financial measures to the GAAP measures reported in our financial statements.

Certain matters discussed in the call may include forward-looking statements regarding, among other things, future operating results. Those statements are subject to a number of risks and uncertainties. Actual 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 Quarterly Report on Form 10-Q and our most recent earnings release. Company undertakes no obligation to update these forward-looking statements.