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Axsome: Q3 Earnings Snapshot – WTOP News
Management attributed the $12.9 million quarterly net loss and revenue beat to strong AUVELITY prescription growth and an expanded sales force, according to company reports.
On Wednesday, Sinclair, Inc. reported a $43 million third-quarter profit, bolstered by record political advertising revenue of $136 million during the July-to-September period.
Political campaigns spent an all-time record of $455 million in 2026, with Sinclair riding a 55% gain in the category compared with the 2022 midterm election cycle.
Total revenue increased 16% to $893 million, though core advertising dipped 4 percent to $301 million while distribution revenue grew 1 percent to $426 million.
CEO Chris Ripley noted that while rival broadcasters have yet to report results, Sinclair appears to have maintained its market share levels from prior political cycles.
Sinclair raised its full-year adjusted EBITDA guidance to between $825 million and $835 million as it continues evaluating potential broadcast transactions to increase shareholder value.