E.W. SCRIPPS Co
No SEC Form 4 filings for $SSP in the last 30 days.
E.W. Scripps (SSP) shares rose about 12.5% to around $3.32 after the company reported a roughly $1.1b goodwill and intangible asset impairment that drove Q2 2026 EPS to a large loss. Revenue fell to $490.4m. The article cites net debt near $2.2b and cash of about $13m, with debate over turnaround progress versus leverage and linear TV pressure.
E.W. Scripps (NASDAQ: SSP) reported Q2 2026 results with a loss of $12.68 per share versus a -$0.40 estimate. Revenue fell to $490.4M from $540.1M year over year, and net loss was $1.15B. Local Media revenue declined 5.4% to $316.5M. Shares rose 2.8% to $2.95 after the release.
E.W. Scripps (SSP) reported Q2 FY2026 net loss of $12.68 per share, driven by a $1.1 billion non-cash goodwill impairment in Scripps Networks, plus $36 million restructuring costs. Adjusted local media revenue fell 1% to $317 million, while Scripps Networks revenue dropped 13% to $172 million. Management raised transformation savings to $100 million run-rate by end-2026 and guided Q3 local revenue up ~20% YoY.
Over the past 7 days, alphai's AI scored 19 news stories mentioning SSP (E.W. SCRIPPS Co). Coverage has skewed bearish: 4 bullish, 5 neutral, and 10 bearish.
Recent SSP coverage spans earnings, corporate actions and financial news.
The impairment and disclosed leverage reset the balance-sheet narrative, creating a near-term relief bid but leaving solvency and cash-flow risk in focus.
The quarter shows a major earnings miss with sharply deteriorating revenue and a weak political revenue outlook, likely pressuring valuation and near-term sentiment.
Guidance and segment drivers (political strength, Nielsen measurement changes, restructuring, leverage) create near-term positioning signals for SSP.
Management’s earnings-call guidance ties margin recovery and political revenue growth to 2026-2027 transformation and sports seasonality.
Restructuring and AI automation plan is a near-term cost-savings catalyst, with execution risk around newsroom quality and revenue durability.
alphai scores every news story that mentions SSP with an AI model for sentiment and relevance, and aggregates insider trades from E.W. SCRIPPS Co's SEC EDGAR Form 4 filings. Figures refresh continuously.
E.W. Scripps (SSP) shares rose about 12.5% to around $3.32 after the company reported a roughly $1.1b goodwill and intangible asset impairment that drove Q2 2026 EPS to a large loss. Revenue fell to $490.4m. The article cites net debt near $2.2b and cash of about $13m, with debate over turnaround progress versus leverage and linear TV pressure.
4 min readE.W. Scripps (NASDAQ: SSP) reported Q2 2026 results with a loss of $12.68 per share versus a -$0.40 estimate. Revenue fell to $490.4M from $540.1M year over year, and net loss was $1.15B. Local Media revenue declined 5.4% to $316.5M. Shares rose 2.8% to $2.95 after the release.
4 min readE.W. Scripps (SSP) reported Q2 FY2026 net loss of $12.68 per share, driven by a $1.1 billion non-cash goodwill impairment in Scripps Networks, plus $36 million restructuring costs. Adjusted local media revenue fell 1% to $317 million, while Scripps Networks revenue dropped 13% to $172 million. Management raised transformation savings to $100 million run-rate by end-2026 and guided Q3 local revenue up ~20% YoY.
9 min readE.W. Scripps (SSP) reported Q2 local media revenue of $317 million, down 1% adjusted, with core advertising down 4.8% due to economic uncertainty, political crowd-out, and carriage disputes. Political revenue was a record $28 million. Management said Q3 revenue should rise about 20% on political spending, and expects full-year political revenue of $225 million to $250 million. CFO discussed $100 million annual run-rate savings and a path toward ~30% network margins.
4 min readE.W. Scripps (Scripps) said it cut 12% of its workforce in 2024, eliminating 432 positions and ending 126 open roles since the year began, including 268 layoffs disclosed earlier, according to CEO Adam Symson on the Q2 earnings call. The company plans AI and automation to centralize roles, shift to a 24-hour streaming model, and expects $100 million in annualized savings and $125 million to $150 million in EBITDA gains by 2028. Q2 revenue was $490.4 million, down 9%, with a net loss of 34 cents
4 min readE.W. Scripps (Scripps) CEO Adam Symson told analysts the company is cutting about 12% of staff, mostly at local TV stations, as it shifts to an AI-enabled 24-hour streaming news model. Scripps reported Q2 revenue of $490.4M (-9% YoY) and a net loss of 34 cents/share, and targets $100M run-rate savings plus EBITDA growth of $125M-$150M by 2028.
6 min readE.W. Scripps (NASDAQ:SSP) reported Q2 2026 revenue of $490 million, down 9.2% year over year, and a net loss attributable to shareholders of $1.2 billion, largely from a $1.1 billion non-cash goodwill and intangible impairment. The company cited $100 million annual run-rate cost savings by end-2026, $125 million to $150 million enterprise EBITDA growth by 2028, and full-year political revenue of $225 million to $250 million.
6 min readE.W. Scripps (NASDAQ: SSP) reported $490 million revenue for Q2 2026 and a $1.2 billion loss attributable to shareholders, or $12.68 per share. The company cited a noncash goodwill and intangible impairment charge driving $11.61 of the per-share loss, including a $1.1 billion impairment at Scripps Networks linked to weaker national advertising and ratings pressure.
2 min readE.W. Scripps reported Q2 2026 EPS loss of $12.68 versus a 23.67-cent loss expected, after a $1.1 billion non-cash impairment tied to Scripps Networks. Revenue was $490.4 million versus $520.24 million forecast. Despite the miss, shares rose 24.41% in after-hours to $3.67. Management raised 2026 run-rate savings to $100 million and guided political ad revenue to $225-$250 million.
6 min readE.W. SCRIPPS Co (SSP) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ssp-20260806ex991.htm EX-99.1 Document Exhibit 99.1 Scripps reports Q2 2026 financial results Aug. 6, 2026 CINCINNATI – The E.W. Scripps Company (NASDAQ: SSP) delivered $490 million in revenue for the second quarter of 2026. Loss attributable to the shareholders of Scri
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