HUNT VALLEY, Md. (AP) — HUNT VALLEY, Md. (AP) — Sinclair, Inc. (SBGI) on Wednesday reported a loss of $341 million in its fourth quarter.
On a per-share basis, the Hunt Valley, Maryland-based company said it had a loss of $5.35. Earnings, adjusted for non-recurring costs, came to 81 cents per share.
The television broadcasting company posted revenue of $826 million in the period.
For the year, the company reported a loss of $291 million, or $4.46 per share. Revenue was reported as $3.13 billion.
For the current quarter ending in March, Sinclair said it expects revenue in the range of $793 million to $806 million.
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