11:59 AM EDT, 08/09/2024 (MT Newswires) -- E.W. Scripps' (SSP) shares were down nearly 14% in recent Friday trading, a day after the company's Q2 revenue fell short of market expectations.
The company reported Q2 net loss Thursday of $0.15 per diluted share, narrowing from a loss of $8.10 a year earlier.
Two analysts polled by Capital IQ expected a loss of $0.08.
Revenue for the quarter that ended June 30 was $573.6 million, down from $582.8 million a year earlier.
Analysts surveyed by Capital IQ expected $585.4 million.
Price: 2.56, Change: -0.41, Percent Change: -13.68