SSP Q1 2022 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$539M

Q1 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$566M+4.6% YoY

Gross Profit

$268M47.4% margin

Operating Income

$71M12.6% margin

Net Income

$22M4.0% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$25M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$6.5B

Total Liabilities

$4.6B

Stockholders' Equity

$2.0B

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$566M	$541M	+4.6%
Gross Profit	$268M	$277M	-3.1%
Operating Income	$71M	$57M	+24.6%
Net Income	$22M	$6M	+301.7%

Revenue Segments

Core Advertising Revenue

$393M69%

Retransmission Revenue

$156M28%

Other Revenue

$11M2%

Political Advertising Revenue

$6M1%