SSP Q2 2019 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$487M

Q2 2019 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$337M+19.1% YoY

Gross Profit

$119M35.3% margin

Operating Income

$22M6.6% margin

Net Income

-$366,000-0.1% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+15.5%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

-$18M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.1B

Stockholders' Equity

$917M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$337M	$283M	+19.1%
Gross Profit	$119M	$104M	+14.6%
Operating Income	$22M	$22M	-1.3%
Net Income	-$366,000	$6M	-106.4%

Revenue Segments

Core Advertising Revenue

$210M62%

Retransmission Revenue

$93M28%

Other Revenue

$32M9%

Political Advertising Revenue

$2M1%