E.W. Scripps Reports Q1 2025 Financial Results

E. W. Scripps Company Class A ( (SSP) ) has released its Q1 earnings. Here is a breakdown of the information E. W. Scripps Company Class A presented to its investors.

The E.W. Scripps Company is a diversified media company known for its extensive portfolio of local television stations and national networks, serving as a major player in the broadcasting industry across the United States.

In its first-quarter 2025 financial results, E.W. Scripps Company reported a revenue of $524 million, with a net loss of $18.8 million attributable to shareholders. The company has made significant strides in refinancing its debt and improving margins in its Scripps Networks division.

Key highlights from the report include a successful refinancing of term loans and credit facilities, leading to a more favorable debt structure. The Scripps Networks division saw a margin increase to 32%, driven by connected TV revenue growth and cost-saving measures. The Local Media division completed key distribution revenue contracts, maintaining stable revenue despite subscriber declines. Additionally, real estate sales contributed $63 million to the company’s finances.

Looking forward, E.W. Scripps Company is optimistic about growth prospects in its Scripps Networks division with the return of major women’s sports events. The company is also focusing on reducing its leverage ratio and anticipates benefits from potential industry deregulation.

Overall, E.W. Scripps Company remains committed to strategic financial management and leveraging its media assets to navigate the evolving broadcasting landscape.