Sinclair: Fourth Quarter Financial Results Overview

Sinclair, Inc. Announces Fourth Quarter Financial Results

Sinclair, Inc., headquartered in Hunt Valley, Maryland, revealed on Wednesday that it achieved a net profit of $109 million during the fourth quarter.

The company reported earnings of $1.55 per share, with adjusted earnings—excluding one-time gains—amounting to $0.04 per share.

During this quarter, Sinclair generated $836 million in revenue from its television broadcasting operations.

Looking at the full year, Sinclair posted a net loss of $112 million, translating to a loss of $1.62 per share. Total annual revenue reached $3.17 billion.