SBGI Q3 2023 Earnings — Sinclair, Inc. Revenue & Financial Results | Market Cap Arena

SBGISinclair, Inc.

$1B

Q3 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$767M-9.0% YoY

Gross Profit

$367M47.8% margin

Operating Income

$37M4.8% margin

Net Income

-$46M-6.0% margin

EPS (Diluted)

$-0.73

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$29M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$6.1B

Total Liabilities

$5.5B

Stockholders' Equity

$646M

Cash & Equivalents

$643M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$767M	$843M	-9.0%
Gross Profit	$367M	$413M	-11.1%
Operating Income	$37M	$154M	-76.0%
Net Income	-$46M	$21M	-319.0%

Revenue Segments

Local Media Segment

$697M98%

Other Segments

$17M2%