Nexstar Media Group Inc at MoffettNathanson Technology, Media, and Telecom Conference Transcript

May 17, 2023 / 06:00PM GMT
Michael Brian Nathanson - MoffettNathanson LLC - Co-Founder, Founding Partner & Senior Research Analyst

So we could start. This is a question I ask Perry every year. Now it's your turn. Okay?

Lee Ann Gliha - Nexstar Media Group, Inc. - Executive VP & CFO

Okay. Go ahead.

Questions and Answers:

Michael Brian Nathanson - MoffettNathanson LLC - Co-Founder, Founding Partner & Senior Research Analyst

Here's a simple question. Why is your stock again traded over 20% free cash flow yield?

Lee Ann Gliha - Nexstar Media Group, Inc. - Executive VP & CFO

Yes. We wonder.

Michael Brian Nathanson - MoffettNathanson LLC - Co-Founder, Founding Partner & Senior Research Analyst

What gives you confidence that Nexstar will continue to perform as well into the future, which will convince investors that, again, they have underestimated the power of Nexstar?

Lee Ann Gliha - Nexstar Media Group,
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