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Sinclair Broadcast Group(SBGI) - 2024 Q2 - Quarterly Report
2024-08-09 15:03
Table of Contents Title of each class Trading Symbol Name of each exchange on which registered Class A Common Stock, par value $ 0.01 per share SBGI The NASDAQ Stock Market LLC Sinclair, Inc. Yes ☒ No ☐ Sinclair Broadcast Group, LLC Yes ☐ No ☒ Sinclair Broadcast Group, LLC Yes ☒ No ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ...
Sinclair (SBGI) Tops Q2 Earnings Estimates
ZACKS· 2024-08-07 22:55
Sinclair (SBGI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $1.09 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 292.86%. A quarter ago, it was expected that this television broadcasting company would post a loss of $0.54 per share when it actually produced earnings of $0.43, delivering a surprise of 179.63%. Over the last fou ...
Sinclair Broadcast Group(SBGI) - 2024 Q2 - Earnings Call Transcript
2024-08-07 22:18
Sinclair, Inc. (NASDAQ:SBGI) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Chris King - Vice President, Investor Relations Chris Ripley - President & Chief Executive Officer Rob Weisbord - Chief Operating Officer & President, Local Media Lucy Rutishauser - Executive Vice President & Chief Financial Officer Conference Call Participants Dan Kurnos - The Benchmark Company Benjamin Soff - Deutsche Bank Avi Steiner - JPMorgan David Hamburger - Morgan Stanley Operator Good aftern ...
Sinclair Broadcast Group(SBGI) - 2024 Q2 - Earnings Call Presentation
2024-08-07 20:31
SINCLAIR 111 2Q24 Earnings Presentation August 7, 2024 Published by: Sinclair, Inc. NON-GAAP FINANCIAL MEASURES n Q This presentation contains certain financial measures of Sinclair, Inc. (the "Company"), including Adjusted EBITDA, which are not prepared in accordance with U.S. generally accepted accounting principles ("GAAP") (collectively, the "non-GAAP financial measures"). Adjusted EBITDA is defined as earnings before interest, tax, depreciation and amortization, and non-recurring and unusual transactio ...
Sinclair Broadcast Group(SBGI) - 2024 Q2 - Quarterly Results
2024-08-07 20:11
News Release SINCLAIR REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS BALTIMORE (August 7, 2024) - Sinclair, 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 c ...
Call2Recycle announces Canadian soccer legend Christine Sinclair as Ambassador of the ‘Recycle Your Batteries, Canada!' program
GlobeNewswire News Room· 2024-07-08 16:00
Call2Recycle® is Canada's leading organization for battery collection and recycling, fulfilling product stewardship obligations on behalf of over 400 members, including producers of single-use and rechargeable batteries. Call2Recycle powers Recycle Your Batteries, Canada!, its household and e-bike battery collection and recycling program. The organization operates provincially-approved programs in British Columbia, Saskatchewan, Manitoba, Quebec, Prince Edward Island and Nova Scotia. It also functions as a ...
Sinclair: Despite Key Catalysts, Long-Term Issues Are A Problem
Seeking Alpha· 2024-06-08 12:00
Author - SEC EDGAR Data For the Tennis segment, things have been mixed. Revenue remained in a fairly narrow range between 2021 and 2023. But during that window of time, segment profits plunged from $71 million to only $50 million. This weakness, it appears, was driven by continuously rising media programming and production expenses that management attributed to higher rights fees, live production expenses, and more. The segment has seen some strength this year. Revenue in the first quarter came in at $63 mi ...
CHATHAM ASSET MANAGEMENT SENDS LETTER TO SINCLAIR REGARDING REFINANCING EFFORTS
Prnewswire· 2024-06-03 12:00
CHATHAM, N.J., June 3, 2024 /PRNewswire/ -- Chatham Asset Management, LLC ("Chatham"), a private investment firm that through certain of its affiliates is one of the largest creditors of Sinclair, Inc. ("Sinclair" or the "Company") (NASDAQ: SBGI), today sent a letter to Sinclair's President and Chief Executive Officer, Christopher S. Ripley, and Board of Directors regarding efforts by the Company to address its near-term debt maturities. The full text of the letter follows: June 3, 2024 Sinclair, Inc. Attn: ...
Sinclair Broadcast Group(SBGI) - 2024 Q1 - Quarterly Report
2024-05-10 15:42
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . COMMISSION FILE NUMBER: 333-271072 (Sinclair, Inc.) 000-26076 (Sinclair Broadcast Group, LLC) Sinclair, Inc. Sinclair Broadcast Group, ...
Sinclair Broadcast Group(SBGI) - 2024 Q1 - Earnings Call Transcript
2024-05-09 00:07
Sinclair, Inc. (NASDAQ:SBGI) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Chris King - Vice President-Investor Relations Chris Ripley - President & Chief Executive Officer Rob Weisbord - Chief Operating Officer & President-Local Media Lucy Rutishause - Executive Vice President & Chief Financial Officer Conference Call Participants Dan Kurnos - The Benchmark Group Aaron Watts - Deutsche Bank Steven Cahall - Wells Fargo Barton Crockett - Rosenblatt David Hamburger - Morgan Stan ...