SSP Q3 2020 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$487M

Q3 2020 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$493M+41.0% YoY

Gross Profit

$266M53.9% margin

Operating Income

$107M21.7% margin

Net Income

$59M11.9% margin

EPS (Diluted)

$0.69

QoQ Revenue Growth

+37.4%

Cash Flow

Operating Cash Flow

$86M

Free Cash Flow

$74M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.7B

Stockholders' Equity

$923M

Cash & Equivalents

$129M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$493M	$350M	+41.0%
Gross Profit	$266M	$111M	+139.2%
Operating Income	$107M	$498,000	+21432.7%
Net Income	$59M	-$22M	+366.9%

Revenue Segments

Core Advertising Revenue

$222M45%

Retransmission Revenue

$154M31%

Political Advertising Revenue

$98M20%

Other Revenue

$19M4%