Loading viewer...
investor_presentation
Format: PDF investor_presentation
1Chris Ripley President & Chief Executive Officer Lucy Rutishauser EVP, Chief Financial Officer Rob Weisbord Chief Operating Officer President of BroadcastS e c o n d Q u a r t e r 2 0 2 2 C o n f e r e n c e C a l l A U G U S T 3 , 2 0 2 2
President & Chief Executive Officer
EVP, Chief Financial Officer
Chief Operating Officer
President of BroadcastS e c o n d Q u a r t e r 2 0 2 2
C o n f e r e n c e C a l l
A U G U S T 3 , 2 0 2 22NON -GAAP FINANCIAL MEASURES
This presentation contains certain financial measures, including Adjusted EBITDA and Adjusted Free Cash Flow, which are not p repared in accordance with U.S. generally accepted
accounting principles ("GAAP") (collectively, the "non -GAAP financial measures"). Adjusted EBITDA is defined as earnings before interest, tax, depreciation and amortization, and
non-recurring transaction and transition services, COVID, legal and regulatory costs, as well as certain non -cash items such as stock -based co mpensation expense, the deferred
portion of the management fee, and sports rights amortization; less sports rights payments and programming payments, programm ingpayments and non -cash gain on asset
dispositions. Adjusted Free Cash Flow is defined as free cash flow (which is calculated in accordance with the reconciliations f ound on Sinclair Broadcast Group’s (“Sinclair,” “SBG”
or the “Company”) website, www.sbgi.net , under "Investors -Non GAAP Measures") as adjusted for non -recurring transaction and transition services, COVID, legal and reg ulatory
costs. These non -GAAP financial measures should not be construed as an alternative to the financial measures presented in accord ance with GAAP and may not comply with the
SEC rules governing the presentation of non -GAAP financial measures that are applicable to filings with the SEC. In addition, some of the adjustments th at are reflected in Adjusted
EBITDA and Adjusted Free Cash Flow as presented in this presentation may not be allowed under Regulation S -K and our measurement s of, and methodology for calculating,
Adjusted EBITDA and Adjusted Free Cash Flow may not be comparable to similarly titled measures presented by other companies. It should be noted that companies calculate
non-GAAP financial measures differently; as a result, the non -GAAP financial measures presented herein may not be comparable to similarly -titled measures reported by other
companies. Further information with respect to and reconciliations of such measures to net income, the most directly comparab le GAAP financial measure, or to other non -GAAP
financial measures, as applicable, can be found on Sinclair's website, www.sbgi.net, under "Investors -Non GAAP Measures".
3FORWARD LOOKING STATEMENT
The matters discussed in this presentation, particularly those in the section labeled "Outlook," include forward -looking stateme nts regarding, among other things, future operating
results. When used in this presentation, the words "outlook," "intends to," "believes," "anticipates," "expects," "achieves," "estimates," and similar expressions are intended to
Preview truncated — download the full document for the complete content.
investor_presentation
16 Pages
investor_presentation
74 Pages
Workday
investor_presentation
Nomura Holdings