Scripps reports Q1 2024 financial results [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Yahoo! Finance
Loss attributable to the shareholders of Scripps was $12.8 million or 15 cents per share. Operating results for the quarter include a pre-tax investment gain of $18.1 million and $5 million of restructuring costs. Business notes Scripps now believes its 2024 election-year political advertising revenue will reach the range of $240 million $270 million . Previously, the company had given a range of $210 million $250 million . The increased outlook is being driven largely by U.S. Senate races in Montana and Ohio as well as controversial ballot issues in several states. The company has begun a public process to explore the sale of its Bounce television network. Bounce, whose programming is created for Black audiences, is distributed over the air, on cable and on most major streaming/FAST platform services. Bounce has grown viewership and revenue – at a 14% CAGR – since Scripps acquired it as part of the Katz networks in 2017. During the first quarter, our operating performance was
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BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 13F-HR/A
- 5/15/24 - Form 13F-HR/A
- BRK.B's page on the SEC website