---
schema_version: "secwatch.filing_event.v1"
accession: "0000832428-25-000024"
form_type: "8-K"
ticker: "SSP"
cik: "0000832428"
company_name: "E.W. SCRIPPS Co"
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T02:41:17.071369+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Scripps Q1 revenue down 6.6% to $524M; net loss of $18.8M, $0.22 EPS

## Summary
- Local Media revenue fell 7.8% to $325M; segment profit $34.9M vs $65.6M a year ago.
- Scripps Networks revenue down 5.4% to $198M; expenses -16% drove margins to 32%.
- Completed refinancing on Apr 10: new $545M term loan due 2028, $340M due 2029, $208M revolver.
- Q1 net leverage 4.9x; debt paydown remains top capital allocation priority.
- Preferred dividend deferred; accumulated unpaid dividends total $70.6M.

## SEC filing metadata
- accession: 0000832428-25-000024
- form_type: 8-K
- ticker: SSP
- cik: 0000832428
- company_name: E.W. SCRIPPS Co
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832428/000083242825000024/0000832428-25-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832428/000083242825000024/ssp-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832428-25-000024
- JSON: https://secwatch.observer/filing/0000832428-25-000024.json
- Plain text: https://secwatch.observer/filing/0000832428-25-000024.txt

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