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Sinclair Broadcast sees Q1 revenue $768M-$787M, consensus $775.83M
The Fly

Sinclair Broadcast sees Q1 revenue $768M-$787M, consensus $775.83M

Sees Q1 adjusted EBITDA $99M-$113M. Ripley continued, "Our focus remains on raising the bar of the viewing experience, through providing higher quality programming and increased functionality and interactivity, engaging the viewer at a whole new level. We are ramping up our investment in several areas this year to help drive our business forward, including investments in technology and in our four growth pillars – multi-platform content, marketing services, data distribution, and community & interactivity. We continue to build on our progress in developing the ATSC 3.0 broadcasting standard which we believe will offer numerous incremental business use cases for the entire industry, creating an important diversified revenue stream into the future. Our leadership position in helping develop the technology and in validating its market potential position us well to capitalize on this exciting next chapter of broadcasting."

Published first on TheFly

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