secwatch.observer — SEC 8-K summary
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Issuer:     Sinclair, Inc. (SBGI)
CIK:        0001971213
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001971213-23-000022
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sinclair Q3 revenue down 9% to $767M, net loss $46M; core ad up 2%
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- Diluted loss per share $0.74 vs $0.32 EPS in prior year; Adjusted EBITDA $141M, down 29% YoY.
- Repurchased $64M principal of debt since June at 24% average discount to par.
- Political revenue hit record for non-election year; Q4 guidance $25-30M political ad revenue.
- Q4 guidance: total revenue $821-847M, Adjusted EBITDA $176-196M; FY2023 Adjusted EBITDA $545-564M.
- Expanded CW affiliation, renewed Comcast and Paramount carriage; launched new network 'The Nest'.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1971213/000197121323000022/0001971213-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912752/000197121323000022/sbgi-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001971213-23-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer