Sinclair: Q1 Earnings Snapshot

HUNT VALLEY, Md. (AP) — HUNT VALLEY, Md. (AP) — Sinclair Broadcast Group Inc. (SBGI) on Wednesday reported net income of $185 million in its first quarter.

The Hunt Valley, Maryland-based company said it had net income of $2.64 per share. Earnings, adjusted for non-recurring costs, came to $2.71 per share.

The television broadcasting company posted revenue of $773 million in the period.

For the current quarter ending in June, Sinclair said it expects revenue in the range of $757 million to $773 million.


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