E.w. Scripps (SSP) Q2 Revenue Falls 6%

E.w. Scripps (NASDAQ:SSP), a major U.S. broadcaster and free, ad-supported television company, released its second-quarter 2025 results on August 8, 2025. The main headlines: GAAP revenue was $540 million, falling short of the analyst estimate of $544.6 million, and GAAP earnings per share came in at a loss of $0.59 versus the expected $0.22 loss. The Local Media division saw steep declines, with revenue down 8.3% year over year, offset by a sharp profit increase in Scripps Networks as streaming, cost controls, and sports drove margin gains, with segment profit (GAAP) rising to $55.9 million from $37.7 million in Q2 2024. Overall, the quarter underscored the company’s ongoing transition toward digital platforms—with mixed results for its legacy business. Source: Analyst estimates for the quarter provided by FactSet. E.w. Scripps operates a wide portfolio of media brands, including national entertainment and news networks as well as more than 60 local television stations. Its core business is rooted in broadcast television, but the company has shifted focus to expand in free, ad-supported streaming and over-the-air services. Its goal is to reach audiences who have moved away from traditional pay-TV and capitalize on the growing demand for free content, both on connected TVs and through digital antennas.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool