SBGI earnings
Sinclair Inc. (SBGI) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Sinclair Reports First Quarter 2026 Financial ResultsBALTIMORE, April 30, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2026. Highlights: Total Revenue increased by 4% and Total Adjusted EBITDA by 13% year-over-yearTotal Adjusted EBITDA of $126 millionStrong core advertising performance driven by growth in digitalMarch 2026 was Tennis Channel's most-watched month everStable distribution trend due to moderating churn across key MVPDsReaffirmed 2026 full year financial guidance CEO Comment: "Sinclair continues to execute on its core broadcast business, with both ratings and subscriber trends showing positive momentum. Broadcast's rea
- Sinclair to Report First Quarter 2026 Results on April 30, 2026 at 4:00 P.M. (Eastern Time)BALTIMORE, April 06, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. (NASDAQ:SBGI) will report its first quarter 2026 earnings results at 4:00 p.m. ET on Thursday, April 30, 2026, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 476025. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Ca
- Sinclair Reports Fourth Quarter 2025 Financial ResultsBALTIMORE, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2025. Highlights: Met or exceeded guidance on all key financial metricsFull year Adjusted EBITDA of $483 millionFull-year core advertising revenue grew by $71 million over 2024 CEO Comment: "Sinclair delivered a strong fourth quarter, with total revenue exceeding the midpoint of guidance and Adjusted EBITDA above expectations, driven by solid core advertising growth and disciplined expense management. These results reflect both continued demand for live sports and a rebound from the economic u
- Sinclair to Report Fourth Quarter 2025 Results on February 25, 2026 at 4:00 P.M. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its fourth quarter 2025 earnings results at 4:00 p.m. ET on Wednesday, February 25, 2026, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 752142. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the
- Sinclair Reports Third Quarter 2025 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2025. Highlights: Met or exceeded guidance on all key financial metrics Adjusted EBITDA of $100 million Core advertising revenue grew by $20 million year-over-year on an as reported basis Redeemed, in full, $89 million of Sinclair Television Group ("STG") 5.125% Senior Unsecured Notes due 2027 on October 6, 2025. CEO Comment: "Sinclair delivered a strong third quarter, achieving the high end of guidance for advertising and distribution revenue, while media expenses and Adjusted EBITDA beat expectations. We expect to see continued improveme
- Sinclair to Report Third Quarter 2025 Results on November 5, 2025 AT 4:00 p.m. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its third quarter 2025 earnings results at 4:00 p.m. ET on Wednesday, November 5, 2025, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 543490. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the l
- Sinclair Reports Second Quarter 2025 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and six months ended June 30, 2025. Highlights: Adjusted EBITDA came in above the midpoint of guidance for the second quarter Appointed Narinder Sahai as Executive Vice President and Chief Financial Officer Conrad Clemson appointed as CEO of EdgeBeam Wireless, the Company's NextGen Broadcast Joint Venture with industry peers Core advertising revenues grew by $13 million year-over-year, in-line with expectations $81 million par value of the Sinclair Television Group notes due in 2027 repurchased in the second quarter for $77 million cash In mid-March, the Company acqu
- Sinclair to Report Second Quarter 2025 Results on August 6, 2025 at 4:00 P.M. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its second quarter 2025 earnings results at 4:00 p.m. ET on Wednesday, August 6, 2025, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 357349. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the li
- Sinclair Reports First Quarter 2025 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2025. Highlights: Adjusted EBITDA exceeded high-end of guidance range $66 million par value of the Sinclair Television Group notes due in 2027 repurchased in April for $62 million cash Significantly lower estimated full-year 2025 cash tax payments CEO Comment: "Sinclair delivered solid financial results in a challenging first quarter environment. Adjusted EBITDA exceeded the high-end of our guidance range and core advertising trends continue to be among the strongest in the industry, despite the macro-economic uncertainties and lack of visibility. We are
- Sinclair to Report First Quarter 2025 Results on May 7, 2025 at 4:00 P.M. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its first quarter 2025 earnings results at 4:00 p.m. ET on Wednesday, May 7, 2025, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 937095. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the live webc
- Sinclair Reports Fourth Quarter 2024 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2024. Highlights: Comprehensive refinancing substantially completed in early 2025 Fourth quarter Operating Income and other key financial metrics exceeded guidance range Record full-year 2024 political advertising revenues of $405 million, a 16% increase over 2020 levels excluding the Georgia runoff of 2020 Formed EdgeBeam Wireless, a joint venture with other major broadcasters, to unlock the potential of ATSC 3.0 NextGen Broadcast to offer nationwide coverage for data delivery Tennis Channel introduced a direct-to-consumer, streamin
- Sinclair Reports Preliminary Fourth Quarter 2024 Local Media Segment Media Revenues and Certain ExpensesSinclair will report Fourth Quarter 2024 Results on February 26, 2025 at 4:00 pm ET Sinclair, Inc. (NASDAQ:SBGI), the "Company," today released preliminary unaudited Local Media segment fourth quarter 2024 media revenues and certain media operating expenses. The Company expects Local Media segment media revenues to be $931 million to $933 million for the three months ended December 31, 2024, down modestly from the Company's previously disclosed guidance of $936 million to $945 million. This includes political advertising revenue of approximately $203 million (versus previously disclosed guidance of $204 million), core (non-political) advertising revenue of $300 million to $301 million (
- Sinclair to Report Fourth Quarter 2024 Results on February 26, 2025 at 4:00 p.m. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its fourth quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, February 26, 2025, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 787591. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the
- Sinclair Reports Third Quarter 2024 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2024. Highlights: Solid third quarter results, with core advertising revenues growing by 1% year-over-year during a quarter with record political revenues Political revenues of $138 million, a 31% increase over 2020 levels, which was impacted by $5 million of lost revenue due to late ad cancellations during the quarter Approximately $406 in 2024 political revenues, which reflects $26 million of lost revenue due to a late geographic shift of existing commitments to non-Sinclair markets Distribution revenues in the third quarter up 5% year-over
- Sinclair to Report Third Quarter 2024 Results on November 6, 2024 at 4:00 p.m. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its third quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, November 6, 2024, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 791357. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the live
- Sinclair Reports Second Quarter 2024 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and six months ended June 30, 2024. Highlights: Met second quarter Revenue guidance on Distribution and Advertising Exceeded second quarter Adjusted EBITDA guidance As of August 1, the Company has booked $146 million in political advertising for the second half of the year through Election Day; this compares to $78 million as of August 1, 2020 Company increases full-year political advertising guidance to a range of $385 million to $410 million, representing growth of 10% to 17% compared to 2020 excluding the Georgia runoff. CEO Comment: "Sinclair delivered solid secon
- Sinclair to Report Second Quarter 2024 Results on August 7, 2024 at 4:00 p.m. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its second quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, August 7, 2024, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 355312. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the li
- Sinclair Reports First Quarter 2024 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2024. Highlights: Met or exceeded first quarter guidance on Revenue, Media Expenses and Adjusted EBITDA Launched NextGen data solutions platform, Broadspan Settled all Diamond Sports Group, LLC (DSG) related outstanding litigation claims As of May 1, the Company has pre-booked $77 million in political advertising for the second half of the year through Election Day; this compares to $21 million as of May 1, 2020 and $28 million as of May 1, 2022 CEO Comment: "Sinclair delivered solid first quarter results, meeting guidance expectations in our lo
- Sinclair to Report First Quarter 2024 Results on May 8, 2024 at 4:00 p.m. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its first quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, May 8, 2024, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 195393. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the live w
- Sinclair Reports Fourth Quarter 2023 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2023. Highlights: Met guidance on all key financial metrics Tennis Channel exceeded guidance ranges on all key financial metrics Tennis Channel International acquired WTA rights in India and Spain Repurchased approximately $27 million of principal value of debt to date in 2024 CEO Comment: "Sinclair delivered a solid finish to 2023 with our local media segment meeting guidance and Tennis Channel exceeding expectations," said Chris Ripley, Sinclair's President and Chief Executive Officer. "During the year and through early January,
- Sinclair to Report Fourth Quarter 2023 Results on February 28, 2024 at 4:00 P.M. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its fourth quarter 2023 earnings results at 4:00 p.m. ET on Wednesday, February 28, 2024, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 433619. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the
- Sinclair Reports Third Quarter 2023 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2023. Third Quarter Highlights: Met or exceeded guidance on all key financial metrics Repurchased approximately $64 million of principal value of debt since early June CEO Comment: "Sinclair reported a strong third quarter with revenues exceeding the high-end of our guidance ranges and Adjusted EBITDA exceeding the mid-point of our guidance for the quarter by 40%," said Chris Ripley, Sinclair's President and Chief Executive Officer. "In addition, we have repurchased $64 million in face value of our debt through open-market repurchases sin
- Sinclair to Report Third Quarter 2023 Results on November 1, 2023 at 4:00 p.m. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its third quarter 2023 earnings results at 4:00 p.m. ET on Wednesday, November 1, 2023, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 433619. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the l
- Sinclair Reports Second Quarter 2023 Financial ResultsSinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and six months ended June 30, 2023. Second Quarter Highlights: Met or exceeded key financial metrics Repurchased approximately $30 million of debt Completed holding company reorganization CEO Comment: "Sinclair is continuing to see a solid start to 2023, meeting or beating guidance on all key financial metrics," said Chris Ripley, Sinclair's President & Chief Executive Officer. "As we continue our evolution from a traditional broadcast company to a diversified content and data distributor, we have finalized the process of reorganizing our company structure to increase tr
- Sinclair to Report Second Quarter 2023 Results on August 2, 2023 at 4:00 p.m. (Eastern Time)Sinclair, Inc. (NASDAQ:SBGI) will report its second quarter 2023 earnings results at 4:00 p.m. ET on Wednesday, August 2, 2023, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 433619. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the li
- Sinclair Reports First Quarter 2023 Financial ResultsSinclair Broadcast Group, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2023. First Quarter Highlights: Exceeded key financial metrics Repurchased approximately 3.6 million common shares CEO Comment: "Sinclair is seeing a solid start to 2023, meeting or beating guidance on all key financial metrics," said Chris Ripley, Sinclair's President & Chief Executive Officer. "Nonetheless, we remain cautious for the full year on expectations for a weaker economy. As we continue our evolution from a traditional broadcast company to a diversified content and data distributor, we have begun the process of reorganizing
- Sinclair to Report First Quarter 2023 Results on May 3, 2023 at 7:30 a.m. (Eastern Time)Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) will report its first quarter 2023 earnings results at 7:30 a.m. ET on Wednesday, May 3, 2023, followed by a conference call to discuss the results at 9:00 a.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 471852. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to list
- Sinclair Reports Fourth Quarter 2022 Financial ResultsSinclair Broadcast Group, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2022. The results reflect the deconsolidation of the local sports segment comprised of the regional sports networks (RSNs), which are owned and operated by Diamond Sports Group ("DSG") and its direct and indirect subsidiaries, from the Company's financial statements and accounted for under equity method of accounting, effective March 1, 2022. As such, the year-to-date 2022 consolidated financial results only include two months results of operations of the local sports segment, while the consolidated financial results for the comparabl
- Sinclair to Report Fourth Quarter 2022 Results on February 22, 2023 at 7:30 A.M. (Eastern Time)Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) will report its fourth quarter 2022 earnings results at 7:30 a.m. ET on Wednesday, February 22, 2023, followed by a conference call to discuss the results at 9:00 a.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investors/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 793656. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to
- Sinclair and Diamond Sports Group to Host Third Quarter 2022 Financial Results Conference Call on November 28, 2022 at 9:00 a.m. (Eastern Time)Sinclair Broadcast Group, Inc. (the "Company") (NASDAQ:SBGI), and the management team of Diamond Sports Intermediate Holdings LLC ("Diamond"), its unconsolidated subsidiary, will host a conference call to discuss Diamond's third quarter financial results at 9:00 a.m. ET on Monday, November 28, 2022. Diamond's Consolidated Financial Statements and management's discussion and analysis and other supplemental information will be posted to the Company's website, www.sbgi.net, under the subtitle "Investors/Diamond Sports Group" prior to the call. There will not be a press release in connection with the release of Diamond's third quarter 2022 financial results. The call will be webcast live and c
- Sinclair Reports Third Quarter 2022 Financial ResultsSinclair Broadcast Group, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2022. The results reflect the deconsolidation of the local sports segment comprised of the regional sports networks (RSNs), which are owned and operated by Diamond Sports Group ("DSG") and its direct and indirect subsidiaries, from the Company's financial statements and accounted for under equity method of accounting, effective March 1, 2022. As such, the year-to-date 2022 consolidated financial results only include two months results of operations of the local sports segment, while the consolidated financial results for the comparable
- Sinclair to Report Third Quarter 2022 Results on November 2, 2022 at 7:30 a.m. (Eastern Time)Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) will report its third quarter 2022 earnings results at 7:30 a.m. ET on Wednesday, November 2, 2022, followed by a conference call to discuss the results at 9:00 a.m. ET. The Company plans to host a conference call later in November to discuss third quarter 2022 financial results of Diamond Sports Group. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investors/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 207275. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the
- Sinclair and Diamond Sports Group to Host Second Quarter 2022 Financial Results Conference Call on August 18, 2022 at 9:00 a.m. (Eastern Time)Sinclair Broadcast Group, Inc. (the "Company") (NASDAQ:SBGI), and the management team of Diamond Sports Intermediate Holdings LLC ("Diamond"), its unconsolidated subsidiary, will host a conference call to discuss Diamond's second quarter financial results at 9:00 a.m. ET on Thursday, August 18, 2022. Diamond's Consolidated Financial Statements and management's discussion and analysis and other supplemental information will be posted to the Company's website, www.sbgi.net, under the subtitle "Investors/Diamond Financials" prior to the call. There will not be a press release in connection with the release of Diamond's second quarter 2022 financial results. The call will be webcast live and c
- Sinclair Reports Second Quarter 2022 Financial ResultsSinclair Broadcast Group, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and six months ended June 30, 2022. The results reflect the deconsolidation of the local sports segment comprised of the regional sports networks (RSNs), which are owned and operated by Diamond Sports Group ("DSG") and its direct and indirect subsidiaries, from the Company's financial statements and accounted for under equity method of accounting, effective March 1, 2022. As such, the year-to-date 2022 consolidated financial results only include two months results of operations of the local sports segment, while the consolidated financial results for the comparable 2021
- Sinclair to Report Second Quarter 2022 Results on August 3, 2022 at 7:30 a.m. (Eastern Time)Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) will report its second quarter 2022 earnings results at 7:30 a.m. ET on Wednesday, August 3, 2022, followed by a conference call to discuss the results at 9:00 a.m. ET. The Company plans to host a conference call later in August to discuss second quarter 2022 financial results of Diamond Sports Group. The call will be webcast live and can be accessed at www.sbgi.net under "Investors." The dial-in number for the earnings call is 888-506-0062, with entry code 124579. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operato
- Sinclair Reports First Quarter 2022 Financial ResultsSinclair Broadcast Group, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2022. First Quarter Highlights: Broadcast & Other advertising revenue increased 7% from the same period a year ago. Effective March 1, 2022, recapitalized debt obligations of Diamond Sports Group ("DSG"), a subsidiary of the Company, including raising additional capital, solidifying its capital position. In connection with the recapitalization, DSG agreed to changes to the composition of its Board of Managers, resulting in deconsolidation of the local sports segment from the Company's financial statements and accounting for DSG under the equit
- Sinclair Reports Certain Preliminary First Quarter 2022 Results for Certain Segments and Announces First Quarter 2022 Earnings CallSinclair will report First Quarter 2022 Results on May 4, 2022, at 7:30am (Eastern Time) Sinclair Broadcast Group, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today released preliminary Media Revenue results for its Broadcast segment and for Other/Corporate/Eliminations for the three months ended March 31, 2022. The preliminary results, which exclude the Local Sports segment, are being provided as additional information for lenders evaluating a refinancing of Sinclair Television Group, Inc. (STG) debt that launched on April 6, 2022. Media Revenues for the Broadcast segment are expected to be within the range of prior guidance issued February 23, 2022, of $709 million to $725 million,
- Sinclair Reports Fourth Quarter 2021 Financial Results and Increases Quarterly Dividend 25%Sinclair Broadcast Group, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2021. Recent Highlights: Raised quarterly dividend 25% Renewed key network and league deals Investment portfolio value reached an estimated $1.4 billion at year-end Launched recapitalization transaction to increase Diamond liquidity by approximately $1 billion over 5 years Exceeded certain key financial metrics, excluding the cyber incident impact Named Rob Weisbord Chief Operating Officer and President of Broadcast CEO Comment: "We exceeded our adjusted free cash flow and adjusted EBITDA expectations for the quarter,
- Sinclair to Report Fourth Quarter 2021 Results on February 23, 2022 at 7:30 a.m. (Eastern Time)Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) will report its fourth quarter 2021 earnings results at 7:30 a.m. ET on Wednesday, February 23, 2022, followed by a conference call to discuss the results at 9:00 a.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under "Investors/ Webcasts." The dial-in number for the earnings call is 888-506-0062, with entry code 451084. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the live webcast or partici
- Sinclair Reports Third Quarter 2021 Financial ResultsSinclair Broadcast Group, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2021. Third Quarter Highlights Consolidated total revenue of $1,535 million was flat to the third quarter of 2020. Consolidated operating income of $73 million, including $27 million of non-recurring costs for transaction and transition services, COVID, legal, and regulatory costs ("Adjustments"), increased compared to an operating loss in the third quarter of 2020 of $4,216 million, which included a $4,264 million impairment taken on the Local Sports segment relating to goodwill and definite-lived intangible assets, and $13 milli
- Sinclair to Report Third Quarter 2021 Results on November 3, 2021 at 7:30 a.m. (Eastern Time)Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) will report its third quarter 2021 earnings results at 7:30 a.m. ET on Wednesday, November 3, 2021, followed by a conference call to discuss the results at 9:00 a.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under "Investors/ Webcasts." The dial-in number for the earnings call is 888-506-0062, with entry code 714886. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the live webcast or participa
- Sinclair Reports Second Quarter 2021 Financial ResultsSinclair Broadcast Group, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and six months ended June 30, 2021. Second Quarter Highlights Consolidated total revenue increased 26% to $1,612 million as compared to the second quarter of 2020. Consolidated operating loss of $178 million, including $35 million of non-recurring costs for transaction and transition services, COVID, legal, and regulatory costs ("Adjustments") decreased compared to operating income in the second quarter of 2020 of $492 million, which included $9 million of Adjustments. Excluding the Adjustments, operating loss of $143 million decreased $644 million compared to the s
- Sinclair to Report Second Quarter 2021 Results on August 4, 2021 at 7:30 a.m. (Eastern Time)Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) will report its second quarter 2021 earnings results at 7:30 a.m. ET on Wednesday, August 4, 2021, followed by a conference call to discuss the results at 9:30 a.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under "Investors/ Webcasts." The dial-in number for the earnings call is 877-407-8033. If you plan to participate on the conference call, please call at least two minutes prior to the start time and tell the conference operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the live webcast or participate in the live conference call, a replay of the call will be availab