IRVING, Texas (AP) _ Nexstar Broadcasting Group Inc. (NXST) on Wednesday reported first-quarter net income of $156.9 million.

The Irving, Texas-based company said it had net income of $3.30 per share.

The television broadcaster posted revenue of $1.09 billion in the period.

Nexstar shares have decreased 44% since the beginning of the year. The stock has decreased 42% in the last 12 months.


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