Workflow
Scripps reports Q3 2024 financial results
SSPScripps(SSP) Prnewswire·2024-11-04 12:30

CINCINNATI, Nov. 4, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) delivered a record 646millioninrevenueforthethirdquarterof2024,drivenbyrecordpoliticaladvertisingrevenue.Thecompanyexpectsfullyearpoliticaladvertisingrevenuetoreachatleast646 million in revenue for the third quarter of 2024, driven by record political advertising revenue. The company expects full-year political advertising revenue to reach at least 340 million, which, combined with determined expense management, is fueling significant debt and leverage reduction this year.Income attributable to the shareholders of Scripps was $33 million or 37 cents per share.Business notes: ...