SSP Q3 2022 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$487M

Q3 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$612M+10.2% YoY

Gross Profit

$300M49.0% margin

Operating Income

$104M17.0% margin

Net Income

$46M7.6% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$90M

Free Cash Flow

$82M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$4.4B

Stockholders' Equity

$2.1B

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$612M	$555M	+10.2%
Gross Profit	$300M	$269M	+11.3%
Operating Income	$104M	$116M	-10.0%
Net Income	$46M	$59M	-21.2%

Revenue Segments

Core Advertising Revenue

$371M61%

Retransmission Revenue

$165M27%

Political Advertising Revenue

$66M11%

Other Revenue

$10M2%