Monday, May 4, 2009

Scripps Reports First-Quarter Results

From press release:

The quarterly results reflect continued weakness in advertising sales at the company's newspapers and television stations. Consolidated revenue decreased 20 percent to $205 million, compared with $256 million in the first quarter of 2008. The loss from continuing operations, net of tax, was $221 million, or $4.12 per share, compared with income from continuing operations, net of tax, of $8.6 million, or 16 cents per share, in the 2008 quarter.

}}} full release {{{
.

No comments: