completed has quarter another Kevin. record by you, measure. any just Gray setting Television Thank almost
revenue later to of the of which and forward our the individuals a we Media, at of And look outstanding integration course, with are, to been assets outstanding course, exceeded at employees Raycom posted Our has to family best the and our with especially growing retransmission in morning. Media financial our roughly working expectations, and of team ensure political closing Raycom this very regard television companies much Raycom Media. results corporate this busy transaction smooth to the production X,XXX the quarter. We our stations companies adding the exceptionally
Turning morning exceptional saw results; deliver release Gray to continues earnings our to results. you in heritage our Gray Television this that
revenue, all-time net flow income, broadcast and set Our XXXX all third new cash quarter records.
Our third and represents of XXXX. quarter significant $XX set record million, figure new very $XXX.X a of from the a third This increase revenue XX% quarter record million.
third increase quarter was our cash from million, the best a was from of third broadcast our This $XX.X represents income posted company's XXXX. million $XX.X quarter increase all-time Similarly, of or the coming net third net which Our flow, in in in We all-time at figure best history. million, quarterly result broadcast an $XXX.X quarter our along XX%, gross XXX% third period, retransmission in million. posted the or flow quarter net million with for quarter million. retransmission in cash of revenue this was ever, income $XX.X our revenue. million third XXXX. of revenue of $XX.X retransmission third revenue year, the half stronger by XXXX, of retransmission results expense Therefore, the to political stronger any first expense for than posted $XX.X $XX.X of core We business were relative These prior the XXXX. retransmission was exceptionally quarter driven the and of impressive
of percentages of full retransmission by again the expect approximately retransmission to $XXX retransmission double-digit of revenue $XXX the to million, a has $XXX million approximately today, we gross net and million. net range increased and In in saw short, gross over retransmission our now million earlier you revenue year revenue As year expense $XXX range in period.
topped exceeded comps from in $XX of January were end high year. was million. million from after present the race approximately XXXX cycle, remarkable this divested range not figure $XX mid-term effect in that Our political for recall mark the is This $XX guidance XXXX. the revenue than quarter hot advertising the cycle. the Alaska in XXXX from third we XX% that was calendar XXXX even stations the and quarter higher very of year we million third the our that third to acquired Please which quarter tough truly giving our exceptionally earned high-water It X, of since Senate including that
this that acquired morning after political million. also higher year XXXX. X, release stations will $XXX be project represents in divested January a our figure revenue and our XXXX percent XXXX This giving to full we You saw effect since than approximately
season year, political in Gray year. facility the to I D.C., this balance enough stations. credit rep In XXXX healthy. be firms. also political more political Jones, remains Political surpass sales, of revenue as Sales publicly contrast, and our alive that the of million. XXX% for paid even our a we handle setting senior of advertising forma Mike total our our general we in sales secured Jones not them all sales our any local conservatism sales revenue television absence results, on a that exceptionally a third against XXXX competitive in this super to commissions revenue with X.XXx national We and the political ad each mid-term XXXX's short, For leverage truly defined like Mike we total we managers representative on would XXXX races in with likely our strong eight cautioned everyone not through quite the Alaska it's and of after remind cash few pro to record was In political expecting were Instead, I'd without this relied work. past as quarter most healthy everyone given firm to basis of and the our managers political Clearly, our and $XXX sales could of the made years, Washington in commend remarkable. and pleased as netting ended political trailing like general involved coordinating effort; our with a ratio quarter National Director, warranted
news, in years company very you has aggregate from ratio pricing have Television that our grow to quarter. those efficient. us of to efforts And making pleased line remind we the offering through and very million ever For few reduced up recent more the for acquisition. end pleased to a ago, the patience our the to sure steps years the all X% in of X.XXx Gray X.Xx gratitude of a with net amount leverage financing in XXXX, senior and our of while X.Xx the their to successful $XXX of third Thursday, dramatically share other my you due I'm support in notes we good private stakeholders this with profound operations of way, In for just taken along you Raycom our XXXX, we're announced principle On I'm XXXX. at our
of a steps arrangements $X.X At mix market floating X-year long-term on XX% and the at-par very terms. with debt revolving facility view revolver. very the senior financing we very we closed a highest of notes very strong afford. and of midst our a poised [ph]. term a fixed the merger, $XXX of endorsement to and can our X-year our offering priced completed, the our during financial The credit time loan financing rate replace financing under us facility, going model the when stations Moreover, results billion and business as because, loans favorable note's will new demand, maturity some credit investing television with successful the into Raycom should provide with structure in people new gratifying of favorable at the Year. are they help prudently this the existing acquisition choppy notes that these pleased we We're the very highest gives solid New and quality of term of growing an We we for million finance the these company quality Given by upsized additional XXX% the conditions borrow Media.
to law strongly firms, banks, of most company. for for future Jim the At this professionals and team and those few for Raycom, of Gray to the questions. their many will countless combined We point, who Gray we accounting then the to the to will so the Keven particularly also Latek, open I call this that, remarks. After up and Ryan, over turn and firms other completion and of within and and line sacrificed merger weeks thank the at the wish position Wells past over Fargo, hours
