SSP Q2 2022 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$539M

Q2 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$594M+5.2% YoY

Gross Profit

$286M48.1% margin

Operating Income

$89M15.0% margin

Net Income

$42M7.0% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$54M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$6.5B

Total Liabilities

$4.5B

Stockholders' Equity

$2.0B

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$594M	$565M	+5.2%
Gross Profit	$286M	$296M	-3.5%
Operating Income	$89M	$104M	-14.7%
Net Income	$42M	$6M	+639.5%

Revenue Segments

Core Advertising Revenue

$389M65%

Retransmission Revenue

$170M29%

Political Advertising Revenue

$25M4%

Other Revenue

$10M2%