Scripps' Quarterly Segment Profit Jumped 21%, Driven By Political And Distribution Revenue
February 25, 2023
February 25, 2023
CINCINNATI, Ohio, Feb. 25 (TNSres) -- The E.W. Scripps, a broadcasting company, issued the following news release on Feb. 24, 2023:
The E.W. Scripps Company (NASDAQ: SSP) delivered $681 million in revenue and $204 million in segment profit for the fourth quarter of 2022, year-over-year increases of 9.4% and 21% respectively, driven by growth in political advertising and distribution-related revenues.
On Jan. 5, the company announced plans to reorganize, creating a more . . .
The E.W. Scripps Company (NASDAQ: SSP) delivered $681 million in revenue and $204 million in segment profit for the fourth quarter of 2022, year-over-year increases of 9.4% and 21% respectively, driven by growth in political advertising and distribution-related revenues.
On Jan. 5, the company announced plans to reorganize, creating a more . . .