SSP Q2 2021 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$487M

Q2 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$565M+57.5% YoY

Gross Profit

$296M52.5% margin

Operating Income

$104M18.4% margin

Net Income

$6M1.0% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$16M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$4.7B

Stockholders' Equity

$1.9B

Cash & Equivalents

$86M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$565M	$359M	+57.5%
Gross Profit	$296M	$136M	+118.2%
Operating Income	$104M	$2M	+6626.1%
Net Income	$6M	-$22M	+125.6%

Revenue Segments

Core Advertising Revenue

$393M70%

Retransmission Revenue

$156M28%

Other Revenue

$12M2%

Political Advertising Revenue

$3M1%