Sinclair Broadcast Group (SBGI) Reports Q4 Loss of $1.18/sh
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Wall St set for higher open after Micron revives AI optimism, upbeat economic data
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
Sinclair Reports Fourth Quarter 2021 Financial Results and Increases Quarterly Dividend 25%
February 23, 2022 7:30 AM ESTBALTIMORE--(BUSINESS WIRE)-- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2021.
Recent Highlights:
Raised quarterly dividend 25% Renewed key network and league deals Investment portfolio value reached an estimated $1.4 billion at year-end Launched recapitalization transaction to increase Diamond liquidity by approximately $1 billion over 5 years Exceeded certain key financial metrics, excluding the cyber incident impact Named Rob Weisbord Chief Operating Officer and... More