E.W. Scripps Co. (SSP) Tops Q1 EPS by 6c

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Go back to E.W. Scripps Co. (SSP) Tops Q1 EPS by 6c

Scripps reports first-quarter 2016 results

May 6, 2016 7:30 AM EDT

CINCINNATI, May 6, 2016 /PRNewswire/ -- The E.W. Scripps Company (NYSE: SSP) today reported operating results for the first quarter of 2016. Unless otherwise indicated, all comparisons are to the Scripps historical results for the first quarter of 2015.

For the quarter, net income from continuing operations was $4.9 million or 6 cents per share.

First-Quarter Highlights

Revenues from continuing operations were $209 million, up $86 million from last year. Retransmission revenue almost doubled in the quarter to $53.6 million. We completed a new agreement in January 2016 with Time Warner Cable covering approximately 3... More