“Sinclair reported a strong third quarter with revenues exceeding the high-end of our guidance ranges and adjusted EBITDA exceeding the mid-point of our guidance for the quarter by 40%,” Chris Ripley, the President/Chief Executive Officer of Sinclair Inc. shared in prepared comments released just minutes before a Thursday afternoon call to discuss the results with debtholders, shareholders and Wall Street analysts.
Indeed, Sinclair’s earnings surpassed analysts’ forecasts, even as the company’s adjusted EBITDA and adjusted Free Cash Flow each dipping year-over-year.
