secwatch.observer — SEC 8-K summary
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Issuer:     Sinclair, Inc. (SBGI)
CIK:        0001971213
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001971213-24-000064
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sinclair Q3 net income $94M, adj. EBITDA $249M (+72% YoY); political revs $138M record
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- Total revenues $917M (+20% YoY); core advertising $295M (+1%) despite record political year.
- Political revenue $138M in Q3, $406M YTD 2024; distribution revenue $434M (+5% YoY).
- Full-year 2024 adj. EBITDA guidance $860-$871M, implying 54-56% YoY growth.
- Net income $94M vs net loss $46M; diluted EPS $1.43 vs loss per share $0.74.
- Renewed retrans agreements covering 78% of Big 4 MVPD base; debt $4.13B, cash $536M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1971213/000197121324000064/0001971213-24-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912752/000197121324000064/sbgi-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001971213-24-000064

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