---
schema_version: "secwatch.filing_event.v1"
accession: "0001971213-24-000009"
form_type: "8-K"
ticker: "SBGI"
cik: "0001971213"
company_name: "Sinclair, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:44:03.746200+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sinclair Q4 net loss $341M on $826M revenue; core ad up 2%; DSG settlement accrual $495M

## Summary
- Diluted loss per share $5.35 vs prior year EPS $0.79; total revenue down 14% to $826M.
- Core advertising revenue (ex-political) rose 2% to $339M; political fell to $24M from $172M.
- Adjusted EBITDA $181M, down 41% YoY; operating loss $386M includes $495M DSG litigation accrual.
- Bankruptcy court approved DSG settlement; company repurchased $91M debt in 2023 at avg 19% discount.
- Q1 2024 guidance: revenue $793-806M, Adj. EBITDA $128-139M; NextGen reaches 74% of footprint.

## SEC filing metadata
- accession: 0001971213-24-000009
- form_type: 8-K
- ticker: SBGI
- cik: 0001971213
- company_name: Sinclair, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1971213/000197121324000009/0001971213-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912752/000197121324000009/sbgi-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001971213-24-000009
- JSON: https://secwatch.observer/filing/0001971213-24-000009.json
- Plain text: https://secwatch.observer/filing/0001971213-24-000009.txt

## Key facts
- Earnings Releases
  Sinclair, Inc. reported financial results for the fourth quarter ended December 31, 2023.
  - Period: the fourth quarter ended December 31, 2023
  - Result: reported results
  source text: Sinclair, Inc. (the "Company") announced via press release the Company’s financial results for the fourth quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1971213/000197121324000009/0001971213-24-000009-index.htm

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