Gray Media raises Q3 2026 political ad revenue guidance to $188-$195 million
Bitget2026/09/28 10:05- Gray Media lifted 3Q 2026 political advertising guidance to USD 188 million-USD 195 million from USD 165 million-USD 185 million.
- Total revenue outlook rose at the low end to USD 950 million-USD 965 million from USD 935 million-USD 965 million.
- Core advertising view shifted to down 1% to flat, versus flat previously; 3Q 2025 core advertising was USD 355 million.
- Corporate and administrative expense forecast cut to USD 30 million-USD 35 million from USD 35 million-USD 40 million; 3Q 2025 was USD 28 million.
- Update implies about USD 192 million of 3Q political revenue at the midpoint, including about USD 9 million from recent acquisitions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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