SSP Q1 2020 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$487M

Q1 2020 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$414M+41.8% YoY

Gross Profit

$182M44.0% margin

Operating Income

$21M5.1% margin

Net Income

-$12M-2.9% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-6.8%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

-$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$2.8B

Stockholders' Equity

$885M

Cash & Equivalents

$180M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$414M	$292M	+41.8%
Gross Profit	$182M	$84M	+117.1%
Operating Income	$21M	$140,000	+14845.7%
Net Income	-$12M	-$7M	-73.3%

Revenue Segments

Core Advertising Revenue

$241M56%

Retransmission Revenue

$139M32%

Other Revenue

$32M7%

Political Advertising Revenue

$19M4%