{"schema_version":"secwatch.filing_event.v1","accession":"0001971213-25-000033","form_type":"8-K","ticker":"SBGI","cik":"0001971213","company_name":"Sinclair, Inc.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.596548+00:00","generated_at":"2026-05-22T09:22:31.611419+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sinclair reports Q1 net loss $156M; adjusted EBITDA $112M, down 19% YoY","bullets":["Total revenue $776M (-3% YoY); core advertising $292M (-2% YoY); distribution revenue $451M (+3% YoY).","Net loss $156M vs net income $23M; diluted loss per share $2.30 vs EPS $0.35.","Adjusted EBITDA $112M (-19% YoY), exceeded high-end of Q1 guidance range.","Repurchased $66M par of 2027 notes for $62M cash in April; quarterly dividend $0.25/share maintained.","Q2 guidance: total revenue $787-807M, adjusted EBITDA $91-107M; FY 2025 capex $83-86M."],"urls":{"canonical":"https://secwatch.observer/filing/0001971213-25-000033","json":"https://secwatch.observer/filing/0001971213-25-000033.json","markdown":"https://secwatch.observer/filing/0001971213-25-000033.md","text":"https://secwatch.observer/filing/0001971213-25-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1971213/000197121325000033/0001971213-25-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912752/000197121325000033/sbgi-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T09:22:31.611419+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}