Sinclair Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
SBGI$14.23+4.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| REVENUES: | ||||
| Media revenues | $845 | $697 | $2,322 | $2,203 |
| Non-media revenues | — | — | — | 10 |
| Total revenues | 845 | 697 | 2,322 | 2,213 |
| OPERATING EXPENSES: | ||||
| Media programming and production expenses | 384 | 371 | 1,149 | 1,166 |
| Media selling, general and administrative expenses | 188 | 164 | 549 | 539 |
| Amortization of program costs | 18 | 18 | 55 | 59 |
| Non-media expenses | 2 | 3 | 6 | 22 |
| Depreciation of property and equipment | 25 | 25 | 76 | 80 |
| Corporate general and administrative expenses | 24 | 31 | 100 | 147 |
| Amortization of definite-lived intangible assets | 33 | 34 | 98 | 114 |
| Loss on deconsolidation of subsidiary | — | 10 | — | 10 |
| (Gain) loss on asset dispositions and other, net of impairment | (11) | (3) | (11) | 7 |
| Total operating expenses | 663 | 653 | 2,022 | 2,144 |
| Operating income | 182 | 44 | 300 | 69 |
| OTHER INCOME (EXPENSE): | ||||
| Interest expense including amortization of debt discount and deferred financing costs | (78) | (77) | (230) | (227) |
| Gain on extinguishment of debt | — | 4 | 1 | 15 |
| Income from equity method investments | — | — | — | 31 |
| Other income (expense), net | 3 | 2 | 36 | (51) |
| Total other expense, net | (75) | (71) | (193) | (232) |
| Income (loss) before income taxes | 107 | (27) | 107 | (163) |
| INCOME TAX (PROVISION) BENEFIT | (25) | 6 | (15) | 236 |
| NET INCOME (LOSS) | 82 | (21) | 92 | 73 |
| Net loss attributable to the redeemable noncontrolling interests | — | — | — | 4 |
| Net income attributable to the noncontrolling interests | (2) | (1) | (5) | (15) |
| NET INCOME (LOSS) ATTRIBUTABLE TO SBG | $80 | $(22) | $87 | $62 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.