SSP Q2 2020 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$487M

Q2 2020 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$359M+6.3% YoY

Gross Profit

$136M37.9% margin

Operating Income

$2M0.4% margin

Net Income

-$22M-6.1% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

-13.4%

Cash Flow

Operating Cash Flow

$61M

Free Cash Flow

$49M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.7B

Stockholders' Equity

$864M

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$359M	$337M	+6.3%
Gross Profit	$136M	$119M	+14.1%
Operating Income	$2M	$22M	-93.0%
Net Income	-$22M	-$366,000	-5922.7%

Revenue Segments

Core Advertising Revenue

$182M51%

Retransmission Revenue

$144M40%

Other Revenue

$19M5%

Political Advertising Revenue

$13M4%