SSP Q4 2022 Earnings — The E.W. Scripps Company Revenue & Financial Results | Market Cap Arena

SSPThe E.W. Scripps Company

$539M

Q4 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$681M+9.4% YoY

Gross Profit

$366M53.7% margin

Operating Income

$164M24.1% margin

Net Income

$86M12.6% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

+11.2%

Cash Flow

Operating Cash Flow

$115M

Free Cash Flow

$105M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$4.3B

Stockholders' Equity

$2.1B

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$681M	$622M	+9.4%
Gross Profit	$366M	$335M	+9.2%
Operating Income	$164M	$124M	+32.7%
Net Income	$86M	$53M	+62.0%

Revenue Segments

Core Advertising Revenue

$396M77%

Political Advertising Revenue

$112M22%

Other Revenue

$4M1%