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0 0 0.0135135135135135 0.0135135135135135 -0.00355618776671413 0.0668563300142247 0.0668563300142247 0.0661450924608819
Stock impact report

Sinclair Reports Fourth Quarter 2024 Financial Results

Sinclair Broadcast Group, Inc. - Class A (SBGI) 
Last sinclair broadcast group, inc. - class a earnings: 2/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: sbgi.net/investor-relations
Company Research Source: Business Wire
BALTIMORE--(BUSINESS WIRE)--Sinclair, 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 2025Fourth quarter Operating Income and other key financial metrics exceeded guidance rangeRecord full-year 2024 political advertising revenues of $405 million, a 16% increase over 2020 levels excluding the Georgia runoff of 2020Formed 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 deliveryTennis Channel introduced a direct-to-consumer, streaming service that merges its flagship 24-hour network with extensive live and on-demand multi-court coverageCEO Comment:“We are pleased to close out a strong 2024 and we have entered 2025 on a high note. Our consolidated Adjusted EBITDA for the fourth quarter exceeded our guidance range, alon Show less Read more
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