---
schema_version: "secwatch.filing_event.v1"
accession: "0000832428-23-000015"
form_type: "8-K"
ticker: "SSP"
cik: "0000832428"
company_name: "E.W. SCRIPPS Co"
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T18:49:22.243458+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scripps reports Q1 loss of $31.1M; revenue down 6.7% to $528M

## Summary
- Net loss $31.1M ($0.37/share) vs prior-year profit $9.8M; restructuring added $0.15/share.
- Revenue $528M, down 6.7% YoY; Local Media down 4.5%, Scripps Networks down 9.5%.
- Scripps Sports signs multi-year deals with WNBA (ION Friday Night Spotlight) and Vegas Golden Knights.
- Reorganization expected to save at least $40M annually; CTV revenue grew 46% YoY.
- Q2 guidance: Local Media revenue flat-to-up low singles; Networks revenue down high singles.

## SEC filing metadata
- accession: 0000832428-23-000015
- form_type: 8-K
- ticker: SSP
- cik: 0000832428
- company_name: E.W. SCRIPPS Co
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/832428/000083242823000015/0000832428-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832428/000083242823000015/ssp-20230505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832428-23-000015
- JSON: https://secwatch.observer/filing/0000832428-23-000015.json
- Plain text: https://secwatch.observer/filing/0000832428-23-000015.txt

## Key facts
- Earnings Releases
  E.W. SCRIPPS Co reported the quarter ended March 31, 2023 results: revenue $528 million, net income $31.1 million, EPS 37 cents per share.
  - Period: the quarter ended March 31, 2023
  - Revenue: $528 million
  - Net income: $31.1 million
  - EPS: 37 cents per share
  - Result: reported results
  source text: Total first-quarter company revenue was $528 million, a decrease of 6.7% or $37.9 million from the prior-year quarter. Costs and expenses for segments, shared services and corporate were $455 million, up from $451 million in the year-ago quarter. Loss attributable to the shareholders of Scripps was $31.1 million or 37 cents per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/832428/000083242823000015/0000832428-23-000015-index.htm

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