Sinclair Broadcast Group, Inc. SBGI today reported financial results for the three months and nine months ended September 30, 2010.
Net broadcast revenues from continuing operations were $158.8 million for the three months ended September 30, 2010, an increase of 16.4% versus the prior year period result of $136.4 million. The Company had operating income of $56.1 million in the three-month period, as compared to operating income of $35.7 million in the prior year period. The Company had net income attributable to the parent company of $14.3 million in the three-month period versus net income attributable to the parent company of $14.9 million in the prior year period.
The Company reported diluted earnings per common share of $0.18 for the three-month period versus diluted earnings per common share of $0.19 in the prior year period.
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