SBGI Q1 2023 Earnings — Sinclair, Inc. Revenue & Financial Results | Market Cap Arena

SBGISinclair, Inc.

$1B

Q1 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$773M-40.0% YoY

Gross Profit

$341M44.1% margin

Operating Income

$21M2.7% margin

Net Income

$185M23.9% margin

EPS (Diluted)

$2.65

QoQ Revenue Growth

-19.5%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$42M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$5.6B

Stockholders' Equity

$890M

Cash & Equivalents

$623M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$773M	$1.3B	-40.0%
Gross Profit	$341M	$492M	-30.7%
Operating Income	$21M	$3.5B	-99.4%
Net Income	$185M	$2.6B	-92.8%

Revenue Segments

Broadcast Segment

$676M87%

Other Segments

$104M13%