Sinclair: 2Q Earnings Snapshot

HUNT VALLEY, Md. (AP) _ Sinclair Broadcast Group Inc. (SBGI) on Wednesday reported second-quarter net income of $252 million.

The Hunt Valley, Maryland-based company said it had profit of $3.12 per share. Earnings, adjusted for non-recurring costs, were $3.21 per share.

The television broadcasting company posted revenue of $1.28 billion in the period.

Sinclair shares have decreased 36% since the beginning of the year. The stock has decreased 56% in the last 12 months.



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