Sinclair Q2 net loss $64M vs prior-year profit;Adjusted EBITDA down 35% to $103M

Sinclair, Inc.

2025-Q2 EPS reported -$3.20 revenue$1,560,000,000

Q2 total revenues $784M (-5% YoY); core ad rev $316M (+4% YoY); distribution rev $434M (flat).
Net loss $64M vs net income $17M in Q2 2024; diluted loss per share $0.91 vs EPS $0.27.
Appointed Narinder Sahai as EVP and CFO; closed several station acquisitions and divestitures.
Repurchased $81M par of 2027 notes for $77M cash; quarterly dividend unchanged at $0.25/share.
Q3 2025 guidance: total revenue $752-776M, Adjusted EBITDA $71-93M.

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