SSP Q3 2024 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$539M

Q3 2024 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$646M+14.1% YoY

Gross Profit

$329M50.9% margin

Operating Income

$122M18.8% margin

Net Income

$48M7.4% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+12.7%

Cash Flow

Operating Cash Flow

$141M

Free Cash Flow

$127M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$4.0B

Stockholders' Equity

$1.2B

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$646M	$567M	+14.1%
Gross Profit	$329M	$245M	+34.0%
Operating Income	$122M	$53M	+129.4%
Net Income	$48M	-$4M	+1407.9%

Revenue Segments

Core Advertising Revenue

$316M49%

Distribution Revenue

$192M30%

Political Advertising Revenue

$131M20%

Other Revenue

$7M1%