Sinclair, Minus Diamond, Sees Q3 Revenue, Net Income Rise


Sinclair Broadcast GroupĀ has released its third quarter 2022 earnings report. And, there’s some good news: net income grew and easily beat Wall Street forecasts.

But, that improvement came at the same time media revenue fell. As such, total revenues missed the estimate of some 7 financial analysts.

There’s a big reason for this: Diamond Sports Group is no longer factored in to the results, thus requiring a deeper dive into just how Sinclair performed.

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