SBGI Q2 2022 Earnings — Sinclair, Inc. Revenue & Financial Results | Market Cap Arena

SBGISinclair, Inc.

$1B

Q2 2022 Earnings

Communication Services Entertainment

Income Statement

Revenue

$837M-48.1% YoY

Gross Profit

$403M48.1% margin

Operating Income

$107M12.8% margin

Net Income

-$11M-1.3% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-35.0%

Cash Flow

Operating Cash Flow

$137M

Free Cash Flow

$113M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$5.8B

Stockholders' Equity

$706M

Cash & Equivalents

$420M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$837M	$1.6B	-48.1%
Gross Profit	$403M	$231M	+74.5%
Operating Income	$107M	-$178M	+160.1%
Net Income	-$11M	-$332M	+96.7%

Revenue Segments

Broadcast Segment

$732M85%

Other Segments

$131M15%