---
schema_version: "secwatch.filing_event.v1"
accession: "0001971213-23-000013"
form_type: "8-K"
ticker: "SBGI"
cik: "0001971213"
company_name: "Sinclair, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T15:06:42.859866+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sinclair Q2 revenue down 8% to $768M; net loss widens to $89M

## Summary
- Total revenues $768M (-8% YoY); media revenues $761M (-8%).
- Net loss attributable to company $89M vs $11M loss; diluted EPS -$1.38.
- Adjusted EBITDA fell 42% to $107M from $183M.
- Repurchased ~$30M of debt in open market at 35% discount.
- Q3 guidance: total rev $742-763M, Adj EBITDA $91-109M.

## SEC filing metadata
- accession: 0001971213-23-000013
- form_type: 8-K
- ticker: SBGI
- cik: 0001971213
- company_name: Sinclair, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1971213/000197121323000013/0001971213-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912752/000197121323000013/sbgi-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001971213-23-000013
- JSON: https://secwatch.observer/filing/0001971213-23-000013.json
- Plain text: https://secwatch.observer/filing/0001971213-23-000013.txt

## Key facts
- Earnings Releases
  Sinclair, Inc. reported three months ended June 30, 2023 results: revenue $768 million, net income Net loss attributable to the Company was $89 million, EPS Diluted loss per common share was $1.38.
  - Period: three months ended June 30, 2023
  - Revenue: $768 million
  - Net income: Net loss attributable to the Company was $89 million
  - EPS: Diluted loss per common share was $1.38
  - Result: reported results
  source text: period include two months results of operations of the Local Sports segment. Three Months Ended June 30, 2023 Consolidated Financial Results: • Total revenues decreased 8% to $768 million versus $837 million in the prior year period. Media revenues also decreased 8% to $761 million versus $831 million in the prior year period. • Total advertising revenues of $309
  evidence_url: https://www.sec.gov/Archives/edgar/data/1971213/000197121323000013/0001971213-23-000013-index.htm
- Earnings Releases
  Sinclair, Inc. reported six months ended June 30, 2023 results: revenue Total revenues decreased 27% to $1,541 million.
  - Period: six months ended June 30, 2023
  - Revenue: Total revenues decreased 27% to $1,541 million
  - Result: reported results
  source text: Total revenues decreased 27% to $1,541 million versus $2,125 million in the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1971213/000197121323000013/0001971213-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.