Sinclair Broadcast Group (SBGI) Reports Q4 Loss of $1.18/sh

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Go back to Sinclair Broadcast Group (SBGI) Reports Q4 Loss of $1.18/sh

Sinclair Reports Fourth Quarter 2021 Financial Results and Increases Quarterly Dividend 25%

February 23, 2022 7:30 AM EST

BALTIMORE--(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