E.W. Scripps Co. (SSP) Swings to Q2 Profit

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Go back to E.W. Scripps Co. (SSP) Swings to Q2 Profit

Scripps reports second-quarter 2016 results

August 5, 2016 7:30 AM EDT

CINCINNATI, Aug. 5, 2016 /PRNewswire/ -- The E.W. Scripps Company (NYSE: SSP) today reported operating results for the second quarter of 2016.

For the quarter, net income from continuing operations was $11.5 million or 14 cents per share. In the prior-year period, the net loss from continuing operations was $13 million or 15 cents per share, including costs associated with the Journal transaction in the prior-year period of $15.7 million after-tax.

Second-Quarter Highlights

Revenues from continuing operations were $228 million, up 15 percent from last year. Retransmission revenue was up 46 percent in the... More