Operator

Thank you for standing by. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Gray Media, Inc., First Quarter Earnings Call. [Operator Instructions]

It is now my pleasure to turn the call over to Alan Gould, Vice President of Investor Relations. Thank you. You may begin.

Alan Gould
VP & Head of Investor Relations

Thank you, Tina, and welcome, everybody. Joining us today on Gray's call are Hilton Howell, our Chairman and CEO; 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.

Today, we filed with the SEC on Form 8-K our first quarter earnings release and updated investor presentation. And later today, we will file with the SEC our quarterly report on Form 10-Q. These materials are all available on our website, www.graymedia.com.

Included on the call may be a discussion of non-GAAP financial measures and, in particular, adjusted EBITDA, leverage ratio denominator, net retransmission revenue and certain net leverage ratios. These metrics are not meant to replace GAAP measurements, but are provided as supplements to assist