---
schema_version: "secwatch.filing_event.v1"
accession: "0000832428-24-000012"
form_type: "8-K"
ticker: "SSP"
cik: "0000832428"
company_name: "E.W. SCRIPPS Co"
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T17:50:36.490629+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Scripps reports Q4 loss of $3.17/share on $616M revenue; $266M goodwill impairment

## Summary
- Q4 net loss $268M ($3.17/sh); $266M goodwill impairment & $9.4M restructuring charges.
- Revenue down 9.6% YoY to $616M; Local Media core ad +1%, distribution +22%; Networks revenue -7.1%.
- Not declaring Q1 2024 preferred dividend to preserve liquidity for deleveraging; total debt $3B, cash $35.3M.
- Q1 2024 guidance: Local Media revenue up low teens; Networks flat to down low single-digit; FY capex $70-80M, interest $200-210M.
- New NWSL rights deal for 4 seasons; NHL deals to add 3pts to core ad in 2024; cost savings >$40M annualized by mid-2024.

## SEC filing metadata
- accession: 0000832428-24-000012
- form_type: 8-K
- ticker: SSP
- cik: 0000832428
- company_name: E.W. SCRIPPS Co
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832428/000083242824000012/0000832428-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832428/000083242824000012/ssp-20240223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832428-24-000012
- JSON: https://secwatch.observer/filing/0000832428-24-000012.json
- Plain text: https://secwatch.observer/filing/0000832428-24-000012.txt

## Key facts
- Earnings Releases
  E.W. SCRIPPS Co reported for the quarter ended December 31, 2023 results: revenue $616 million, net income loss attributable to the shareholders of Scripps was $268 million, EPS $3.17 per share.
  - Period: for the quarter ended December 31, 2023
  - Revenue: $616 million
  - Net income: loss attributable to the shareholders of Scripps was $268 million
  - EPS: $3.17 per share
  - Result: reported results
  source text: hereto as Exhibit 99.1. --- EX-99.1 (EX-99.1) --- Scripps reports Q4 2023 financial results Feb. 23, 2024 CINCINNATI — The E.W. Scripps Company (NASDAQ: SSP) delivered $616 million in revenue for the fourth quarter of 2023. Loss attributable to the shareholders of Scripps was $268 million or $3.17 per share. A non-cash goodwill impairment charge and
  evidence_url: https://www.sec.gov/Archives/edgar/data/832428/000083242824000012/0000832428-24-000012-index.htm

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