News Release
Contact: Chris Ripley, Chief Financial Officer
Lucy Rutishauser, SVP-Corporate Finance & Treasurer
(410) 568-1500
SINCLAIR REPORTS FIRST QUARTER 2015 FINANCIAL RESULTS
• REPORTS $0.25 DILUTED EARNINGS PER SHARE
• DECLARES $0.165 QUARTERLY DIVIDEND PER SHARE
BALTIMORE (May 6, 2015) — Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the “Company” or
“Sinclair,” today reported financial results for the three months ended March 31, 2015.
“Our first quarter results slightly exceeded the high end of our revenue guidance due to both favorable core
advertising and retransmission revenues,” commented David Smith, President and CEO of Sinclair. “In addition, we had favorable variances in a number of our expense categories. Recently, we announced several initiatives expected to add longer-term value and growth opportunities, including the launch of our Digital Ventures group, which will develop and enhance our digital capabilities, as well as a partnership with Visible World for a programmatic/audience network platform that will allow us to compete for network and cable national advertising dollars.”
Read more.. Q1 15
Sinclair Reports First Quarter 2015 Financial Results
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