Q2 revenue rose 7% year-over-year to $840 million, with Adjusted EBITDA up 45%, driven by strong political ad demand and distribution growth. Full-year guidance for Adjusted EBITDA and political advertising was raised, while core ad guidance was lowered due to crowd-out. Debt reduction and regulato…
Media broadcasting company Sinclair NASDAQ:SBGI met Wall Street’s revenue expectations in Q2 CY2026, with sales up 7.1% year on year to $840 million. On the other hand, the company’s full-year revenue guidance of $3.47 billion at the midpoint came in 0.9% below analysts’ estimates. Its GAAP loss of…
Media broadcasting company Sinclair NASDAQ:SBGI will be reporting earnings this Wednesday after market close. Here’s what to look for.Sinclair beat analysts’ revenue expectations last quarter, reporting revenues of $807 million, up 4% year on year. It was an exceptional quarter for the company, wit…
Nexstar Media Group NASDAQ:NXST, a U.S. broadcast station owner, rose 8.8% on Tuesday after Federal Communications Commission Chairman Brendan Carr confirmed that the agency will vote on Aug. 6 to eliminate the nationwide television audience cap. The current rule limits a single broadcaster to reac…
BALTIMORE, July 15, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. President and CEO Chris Ripley issued the following statement in response to the announcement that the Federal Communications Commission will consider modernizing its long outdated national ownership restrictions at its August Open Meeting…
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the media & entertainment industry, including EchoStar NASDAQ:ECHO and its peers.Simply put, traditional media like linear TV is losing eyeballs and as a result, ad dollars as well. On the other hand, digita…
BALTIMORE, June 29, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. NASDAQ:SBGI will report its second quarter 2026 earnings results at 4:00 p.m. ET on Wednesday, August 5, 2026, followed by a conference call to discuss the results at 4:30 p.m. ET.The call will be webcast live and can be accessed at www.sb…
