Sinclair said Tennis Channel served up $8 million in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), in the second quarter.
The network’s finances hadn’t been disclosed before, but Sinclair recently reorganized and has vowed to be more transparent for investors. The numbers were part of Sinclair's Q2 earnings report.
Tennis Channel’s revenues were $60 million in the quarter.
Sinclair said it expects revenues for fiscal year 2023 to be in the $223 million to $226 million range.
EBITDA for the year is expected to be between $53 million and $56 million.
The numbers include Tennis Channel’s direct-to-consumer business, Tennis Channel International, T2 and Pickleball.
Sinclair noted that Hulu agreed to add Tennis Channel and T2 to its streaming service in January.
