TV Advertising Drives Revenue Growth at Scripps

By Andrew Gauthier 

Cincinnati Enquirer

Cincinnati-based E.W. Scripps Co. on Tuesday reported significantly better results from continuing operations helped by improved performance in its television division and moderating declines in newspaper revenue.

Income from continuing operations, net of tax, was $5.4 million, or 8 cents per share, in the latest quarter, compared with a loss from continuing operations of $5.7 million, or 11 cents per share, a year ago.


The tax benefit this year was affected by an adjustment to the company’s estimated reserve for uncertain tax positions based upon the settlement of the examinations of certain state and local tax returns. More…