SSP Q4 2021 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$539M

Q4 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$622M+5.3% YoY

Gross Profit

$335M53.8% margin

Operating Income

$124M19.9% margin

Net Income

$53M8.5% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+12.1%

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

$65M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$6.7B

Total Liabilities

$4.7B

Stockholders' Equity

$2.0B

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$622M	$591M	+5.3%
Gross Profit	$335M	$298M	+12.4%
Operating Income	$124M	$174M	-28.8%
Net Income	$53M	$245M	-78.4%

Revenue Segments

Core Advertising Revenue

$450M72%

Retransmission Revenue

$150M24%

Other Revenue

$11M2%

Political Advertising Revenue

$11M2%