---
schema_version: "secwatch.filing_event.v1"
accession: "0000832428-23-000007"
form_type: "8-K"
ticker: "SSP"
cik: "0000832428"
company_name: "E.W. SCRIPPS Co"
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T01:06:22.300230+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scripps Q4 revenue up 9.4% to $681M; segment profit jumps 21%; restructuring for $40M savings

## Summary
- Q4 net income $73M ($0.84/share) vs $40.2M ($0.43) a year ago; political revenue $106M vs $11M.
- Local Media segment profit $152M (+85% YoY); Scripps Networks profit $80M (-25% YoY) on ad softness.
- Reorganization to save at least $40M/year; Lisa Knutson promoted to COO; Scripps Sports launched under Brian Lawlor.
- Full-year 2022 political revenue record $208M; distribution revenue $655M; CTV revenue grew ~40%, expects >$100M in 2023.
- Q1 2023 guidance: Local Media revenue down mid-single-digit %, Scripps Networks revenue down high-single-digit %.

## SEC filing metadata
- accession: 0000832428-23-000007
- form_type: 8-K
- ticker: SSP
- cik: 0000832428
- company_name: E.W. SCRIPPS Co
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832428/000083242823000007/0000832428-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832428/000083242823000007/ssp-20230224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832428-23-000007
- JSON: https://secwatch.observer/filing/0000832428-23-000007.json
- Plain text: https://secwatch.observer/filing/0000832428-23-000007.txt

## Key facts
- Earnings Releases
  E.W. SCRIPPS Co reported the fourth quarter of 2022 results: revenue $681 million, net income $73 million, EPS 84 cents per share.
  - Period: the fourth quarter of 2022
  - Revenue: $681 million
  - Net income: $73 million
  - EPS: 84 cents per share
  - Result: reported results
  source text: Total fourth-quarter company revenue was $681 million, an increase of 9.4% or $58.7 million from the prior-year quarter due to higher political and distribution revenue in our Local Media division. Costs and expenses for segments, shared services and corporate were $477 million, up from $454 million in the year-ago quarter. Income attributable to the shareholders of Scripps was $73 million or 84 cents per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/832428/000083242823000007/0000832428-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.