Scripps Reports Third-Quarter Results
The E.W. Scripps Company (NYSE:SSP) reported a net loss from continuing operations of $3.5 million, or 7 cents per share, in the third quarter of 2009, compared with a net loss from continuing operations of $3.1 million, or 6 cents per share, in the 2008 quarter. In an environment of declining revenues, disciplined expense management enabled the company to generate positive segment profit in all three of its operating divisions during the quarter.