SSP Q1 2021 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$487M

Q1 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$541M+30.6% YoY

Gross Profit

$277M51.1% margin

Operating Income

$57M10.6% margin

Net Income

$6M1.0% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-8.5%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

$46M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$6.9B

Total Liabilities

$5.3B

Stockholders' Equity

$1.6B

Cash & Equivalents

$538M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$541M	$414M	+30.6%
Gross Profit	$277M	$182M	+51.7%
Operating Income	$57M	$21M	+173.5%
Net Income	$6M	-$12M	+147.1%

Revenue Segments

Core Advertising Revenue

$361M67%

Retransmission Revenue

$156M29%

Other Revenue

$22M4%

Political Advertising Revenue

$1M0%