E.W. Scripps (SSP)

The E.W. Scripps Company is a diversified media company focused on creating a better-informed world. As the nation's fourth-largest local TV broadcaster, Scripps serves communities with quality, objective local journalism and operates a portfolio of 61 stations in 41 markets. The Scripps Networks reach nearly every American through the national news outlets Court TV and Newsy and popular entertainment brands ION, Bounce, Grit, Laff and Court TV Mystery.

Company profile

Ticker

SSP

Exchange

NASDAQ

Website

www.scripps.com

CEO

Adam Symson

Incorporated

Ohio

Location

Ohio

Fiscal year end

Dec 31

Sector

Information > Radio Networks

Industry (SIC)

Television Broadcasting Stations

Paramount Global • Fox • Tribune Media • Liberty Media Corp. • TEGNA • Central European Media Enterprises • Sinclair Broadcast • Gray Television • Nexstar Media • Entravision Communications ...

Former names

SCRIPPS E W CO /DE

SEC CIK

0000832428

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Scripps Media, Inc. ...

IRS number

311223339

SSP stock data

1M 1Y 5Y

News

From Benzinga Pro

Stocks That Hit 52-Week Lows On Tuesday

14 Jun 22

On Tuesday, 951 companies hit new 52-week lows.

Stocks That Hit 52-Week Lows On Monday

13 Jun 22

During Monday's trading, 1214 companies set new 52-week lows.

E W Scripps Q1 EPS $(0.10), Same YoY, Sales $566.00M Miss $567.16M Estimate; Sees Q2 Local Media Sales Up ~10% Year Over Year, Scripps Network Sales Up In Low Single Digit Range

6 May 22

E W Scripps (NASDAQ:SSP) reported quarterly losses of $(0.10) per share. This is unchanged from the same period last year. The company reported quarterly sales of $566.00 million which missed the analyst consensus

Earnings Scheduled For May 6, 2022

6 May 22

Earnings Outlook For E W Scripps

5 May 22

Press releases

From Benzinga Pro

Scripps names Jeff Kiernan VP and GM of KTNV in Las Vegas

30 Jun 22

CINCINNATI, June 30, 2022 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ:SSP) has appointed Jeff Kiernan to the role of vice president and general manager for KTNV, Scripps' ABC affiliate in Las Vegas, effective

Scripps names Quinn Pacini VP and GM of KBZK/ KXLF TV stations in Bozeman/Butte, Montana

21 Jun 22

CINCINNATI, June 21, 2022 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ:SSP) has appointed Quinn Pacini to the role of vice president and general manager for KBZK/KXLF, the Scripps CBS affiliates in the Bozeman/Butte,

30th Anniversary Bounce Trumpet Awards honoring Black excellence to world premiere on Juneteenth at 7pm ET

16 Jun 22

ATLANTA, June 16, 2022 /PRNewswire/ -- Bounce, the nation's popular entertainment television network serving African Americans, will present the 30th Anniversary Bounce Trumpet Awards -- a night of inspiration,

2022 Scripps National Spelling Bee programming seen by 7.5 million viewers, including most-watched finals since 2015

15 Jun 22

Court TV renews 'Someone They Knew With Tamron Hall,' adds true-crime series to primetime

14 Jun 22

Calendar

6 May 22

2 Jul 22

31 Dec 22

Financial summary

Financial statements Chart SSP financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	35.03M	35.03M	35.03M	35.03M	35.03M	35.03M
Cash burn (monthly)	21.82M	41.93M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	66.9M	128.57M	n/a	n/a	n/a	n/a
Cash remaining	-31.88M	-93.55M	n/a	n/a	n/a	n/a
Runway (months of cash)	-1.5	-2.2	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

SSP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Jun 22	William H. Scripps	Class A Common Shares, $.01 par value per share	Sell	Dispose S	Yes	No	15.479	20,000	309.58K	56,940
2 Jun 22	William H. Scripps	Class A Common Shares, $.01 par value per share	Sell	Dispose S	Yes	No	15.478	43,000	665.55K	76,940
17 May 22	Anthony S. Granado	Class A Common Shares, $.01 par value per share	Buy	Acquire P	No	No	15.86	660	10.47K	20,660
16 May 22	Elizabeth Scripps	Class A Common Shares, $.01 par value per share	Buy	Acquire P	No	No	15.2546	1,200	18.31K	3,066
12 May 22	Margaret Scripps Klenzing	Class A Common Shares, $.01 par value per share	Buy	Acquire P	No	No	14.9208	10,000	149.21K	321,978
3 May 22	Alexander Marcellus Winston Jr	Class A Common Shares, $.01 par value per share	Conversion	Acquire C	No	No	16.95	5,935	100.6K	23,631
3 May 22	Alexander Marcellus Winston Jr	RSU Restricted Stock Units	Conversion	Dispose C	No	No	16.95	5,935	100.6K	0
2 May 22	Alexander Marcellus Winston Jr	RSU Restricted Stock Units	Other	Acquire J	No	No	19.27	6,486	124.99K	6,486

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Financial report summary

Risks

We expect to derive the majority of our revenues from advertising spending, which is affected by numerous factors. Declines in advertising revenues will adversely affect the profitability of our business.
The growth of direct content-to-consumer delivery channels may fragment our television audiences. This fragmentation could adversely impact advertising rates as well as cause a reduction in the revenues we receive from retransmission consent agreements, resulting in a loss of revenue that could materially adversely affect our broadcast operations.
Our television stations will continue to be subject to government regulations which, if revised, could adversely affect our operating results.
Acquisitions involve risks and, if said risks are not managed effectively, our operating results could be negatively affected.
We may evaluate strategic acquisitions in the future, and there are various risks associated with an acquisition strategy.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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From filing 10-Q 2022 Q1

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