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Nexstar Media Group, Inc. (NXST) J.P. Morgan 54th Annual Global Technology, Media and Communications Conference May 18, 2026 8:25 AM EDT
Company Participants
Lee Gliha - Executive VP & CFO
Perry Sook - Founder, Chairman & CEO
Conference Call Participants
Avi Steiner - JPMorgan Chase & Co, Research Division
Presentation
Operator
Okay. All right. Great. I'm happy to be kicking off the conference. With Nexstar Media, we have Lee Ann Gliha, Executive Vice President and CFO. Lee Ann, thanks for being here.
Lee Gliha
Executive VP & CFO
Thanks for having us.
Question-and-Answer Session
Avi Steiner
JPMorgan Chase & Co, Research Division
Okay. So Nexstar is about to turn 30, having turned from a single station to the largest local broadcaster. Maybe can you help set the stage for investors and how you see the company positioned today and what excites you for the next 30 years?
Lee Gliha
Executive VP & CFO
Yes. No, great. I appreciate it. Thanks for having us here. I was just looking at an e-mail I got from a former colleague who forwarded me something from an Investor Relations firm called Quartr, who looks at the top stocks that have been performing over the last 15 years. And Nexstar is the #5 performing stock over the last 15 years, ranking just one spot below NVIDIA. So I think that's -- it's pretty -- it's a good testament to what Perry and the team have been able to build over the years. And that really has been built on the back of the broadcast business model. And at the end of the day, we really believe that broadcast and that media is fundamental to how people view television. It's really fundamental to live sports, live content and local news viewership.
And we really have been
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