Gray Media, Inc.

Ladies and gentlemen, thank you for standing by and welcome to the Gray Television fourth quarter 2021 earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star one on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance, please press star zero. I would now like to hand the conference over to your speaker, Hilton Howell. Thank you. Please go ahead, sir.

Thank you, Rebecca. Good morning, everyone. As our operator mentioned, I'm Hilton Howell, the chairman and CEO of Gray Television. Thank you for joining our fourth quarter 2021 earnings call. With me today are Gray's executive officers, our president, Co-CEO Pat LaPlatene, our chief legal and development officer, Kevin Latech, our chief financial officer, Jim Ryan, and our chief operating officer, Bob Smith. We will begin this morning with a disclaimer that Kevin will provide.

Thank you, Hilton, and good morning, everyone. Gray uses its website as a key source of company information. The website address is www.gray.tv. We will file our annual report on Form 10-K with the SEC later today. We also will file a Form 8-K today furnishing our financial results on a combined historical basis for the years 2018 through 2021, as well as a new investor presentation, which will include our 2021 results and other information. Included on the call may be discussion of non-GAAP financial measures, and in particular, broadcast cash flow, broadcast cash flow less corporate expenses, operating cash flow, free cash flow, adjusted EBITDA, and certain leverage ratios. These metrics are not meant to replace GAAP measurements but are provided as supplements to assist the public in their analysis and evaluation of our company. Included in our earnings release as well as on our website are reconciliations of the non-GAAP financial measures to the GAAP measures reported in our financial statements. Certain matters discussed in the column may include forward-looking statements regarding, among other things, future operating results. Those statements are subject to a number of risks and uncertainties. Actual results in the future could differ from those expressed or implied in any forward-looking statements as a result of various important factors that have been set forth in the company's most recent reports filed with the SEC, including our annual report on Form 10-K and our most recent earnings release. The company undertakes no obligation to update these forward-looking statements. I now return the call to Hilton.