Sinclair Broadcast Group (SBGI) Tops Q1 EPS by 1c; Offers Q2, FY16 Outlook

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Sinclair Reports First Quarter 2016 Financial Results

May 4, 2016 7:30 AM EDT

BALTIMORE, May 4, 2016 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2016. 

"2016 is off to an exciting start with our first quarter results exceeding guidance primarily on higher political revenues," commented David Smith, President and CEO of Sinclair.  "In March, we closed on the acquisition of Tennis Channel and will shortly be launching Circa, our digital-only news product created for the next generation of viewers.

"But perhaps most exciting this quarter is the swift progress we have... More

Sinclair Declares $0.18 Per Share Quarterly Cash Dividend

May 4, 2016 7:30 AM EDT

BALTIMORE, May 4, 2016 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on the Company's Class A and Class B common stock.  The dividend is... More