Sinclair Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
Altice USA, Inc. Class A (ATUS)
Last altice usa, inc. class a earnings: 2/12 04:05 pm
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US:NYSE Investor Relations:
investors.alticeusa.com/investors/overview/default.aspx
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Source: Yahoo! Finance
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-year as 78% of our Big 4 network MVPD linear subscriber base are now subject to new retransmission consent agreements this year Third Quarter adjusted EBITDA in-line with guidance range Full-year adjusted EBITDA guidance range reflects a year-over-year increase of 54% to 56% CEO Comment: "Sinclair delivered solid third quarter results, as core advertising revenues grew by 1% year-over-year, in spite of record-breaking political revenue
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News
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ATUS
Earnings
- 11/4/24 - Miss
ATUS
Sec Filings
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- 12/20/24 - Form 4
- ATUS's page on the SEC website