SSP Q3 2021 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$487M

Q3 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$555M+12.6% YoY

Gross Profit

$269M48.5% margin

Operating Income

$116M20.8% margin

Net Income

$59M10.6% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$66M

Free Cash Flow

$49M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$4.7B

Stockholders' Equity

$1.9B

Cash & Equivalents

$72M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$555M	$493M	+12.6%
Gross Profit	$269M	$266M	+1.4%
Operating Income	$116M	$107M	+7.8%
Net Income	$59M	$59M	+0.3%

Revenue Segments

Core Advertising Revenue

$388M70%

Retransmission Revenue

$152M27%

Other Revenue

$9M2%

Political Advertising Revenue

$7M1%