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Sinclair revenue rises 7 percent during Q2 as political advertising surges
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TheDesk.net
During Q2, overall revenue increased 7 percent to $840 million, up from $784 million a year earlier.
Political advertising revenue reached $59 million, up from $6 million during the year-ago quarter.
The company operates in 39 markets across the 10 states expected to attract the most political advertising spending this year.
Sinclair raised its full-year political advertising forecast to at least $375 million from at least $333 million.
“Sinclair delivered strong second quarter results, with meaningful year-over-year growth in revenue and Adjusted EBITDA, driven by political advertising and disciplined execution across the business.