Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 646M | 12.5% |
| Gross Profit | 137M | 38.2% |
| Cost of Revenue | 508M | 44.5% |
| Operating expense | 191M | 63% |
| Net Income | 48M | 3243.3% |
| EBITDA | 145M | 83.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 5.25B | 0.5% |
| Total Liabilities | 4.03B | 1.9% |
| Total Equity | 1.22B | 4.4% |
| Shares Outstanding | 86M | 0.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 141M | 433.3% |
| Cash from investing | -13M | 46.9% |
| Cash from financing | -120M | 1883.2% |
EPS
Financial Highlights for E. W. Scripps in Q3 '24
E. W. Scripps reported a revenue of 646M, which is a 12.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 137M, marking a -38.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 508M, a 44.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 191M, showing a -63% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 48M, showing a 3243.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 145M, showing a 83.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
E. W. Scripps faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
