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E.W. Scripps Shares Fall After Q2 Revenue Miss
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E.W. Scripps Shares Fall After Q2 Revenue Miss
Aug 9, 2024 9:34 AM

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

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