SBGI Q2 2024 Earnings — Sinclair, Inc. Revenue & Financial Results | Market Cap Arena

SBGISinclair, Inc.

$1B

Q2 2024 Earnings

Communication Services Entertainment

Income Statement

Revenue

$829M+7.9% YoY

Gross Profit

$404M48.7% margin

Operating Income

$64M7.7% margin

Net Income

$17M2.1% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

-$306M

Free Cash Flow

-$329M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$5.4B

Stockholders' Equity

$340M

Cash & Equivalents

$378M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$829M	$768M	+7.9%
Gross Profit	$404M	$327M	+23.5%
Operating Income	$64M	-$3M	+2233.3%
Net Income	$17M	-$89M	+119.1%

Revenue Segments

Local Media Segment

$750M97%

Other Operating Segment

$20M3%