Scripps reports Q2 2026 financial results

Scripps reported Q2 revenue of $490 million, down 9.2% year-over-year, and recorded a massive $1.1 billion non-cash goodwill impairment charge that drove a GAAP loss of $12.68 per share. Despite the headline loss, the company highlighted progress on its transformation plan, achieving $100 million in expected annualized cost savings, and noted a record $28 million in political advertising revenue for the quarter.

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