Shares of Sinclair Broadcast Group Inc. fell Wednesday morning after the company’s financial results for the second quarter came up short of estimates due to the impact of Covid-19. The Hunt Valley-based TV broadcaster reported its profit grew six-fold to $252 million, or $3.12 per share, compared to $42 million, or 45 cents per share, in the prior-year period. Total revenue increased 66% to $1.28 billion, from $771 million in the year-ago period. Media revenue grew 75% to $1.26 billion. Sinclair's…
from https://www.bizjournals.com/baltimore/news/2020/08/05/sinclair-shares-fall-sports-postponement-2q.html?ana=RSS&s=article_search
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