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Gray Media posts solid Q1 2026 with revenue at high end of guidance, expands via acquisitions, eyes strong political ad cycle.

Company Fundamentals
07 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Gray Media reported first quarter 2026 revenue of $768 million, hitting the high end of its guidance, with core advertising revenue up 2% and political advertising revenue rising 15%. Despite a decline in retransmission consent revenue due to subscriber losses and a resolved distribution dispute, the company completed multiple station acquisitions in new markets, strengthening its market position. Gray Media expects some softness in Q2 core advertising but remains optimistic about the upcoming mid-term political advertising cycle and continues to focus on strategic growth and deleveraging. The company also amended its credit agreement and repaid certain debts, maintaining strong liquidity and leverage ratios.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

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Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

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Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...

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Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...

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4 hours ago
Crypto expert ZachXBT calls hardware wallets insecure and unreliable for serious use.

Crypto expert ZachXBT calls hardware wallets insecure and unreliable for serious use.

Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...

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