The EW Scripps Company (NASDAQ:SSP) Q2 2022 Earnings Conference Call August 5, 2022 9:30 AM ET

Company Participants

Adam Symson - President, Chief Executive Officer

Jason Combs - Chief Financial Officer

Brian Lawlor - President, Local Media

Lisa Knutson - President, Scripps Networks

Carolyn Micheli - Senior Vice President, Corporate Communications and Investor Relations

Conference Call Participants

Dan Kurnos - Benchmark

Steven Cahall - Wells Fargo

Craig Huber - Huber Research

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Scripps second quarter earnings call. For the conference, all participants’ lines are in a listen-only mode; however, there will be an opportunity for your questions. If you’d like to ask a question at any point during the call, please press one then zero. If you should require any assistance, please press star, zero and an operator will assist you offline. As a reminder, today’s call is being recorded.

I’ll turn the call now over to Ms. Carolyn Micheli. Please go ahead.

Carolyn Micheli

Thanks John. Good morning everyone and thank you for joining us for a discussion of the EW Scripps Company’s financial results and business strategies. You can visit scripps.com for more information and a link to the replay of this call.

A reminder that our conference call and webcast include forward-looking statements. Actual results may differ. Factors that may cause them to differ are outlined in our SEC filings. We do not intend to update any forward-looking statements we make today.

Included on this call will be a discussion of certain non-GAAP financial measures that are provided as supplements to assist management and the public in their analysis and valuation of the company. These metrics are not formulated in accordance in GAAP and are not meant to replace GAAP financial measures, and may differ from other company’s uses or formulations. Included in our earnings release are the reconciliations of non-GAAP financial measures to the GAAP measures reported in our financial statements.

We’ll hear this morning from Scripps President and CEO, Adam Symson; Chief Financial Offer, Jason Combs; Local Media President, Brian Lawlor, and Scripps Networks President, Lisa Knutson. Also on this call is controller, Dan Perschke.

Here is Adam.

Adam Symson

Good morning everybody. Thanks for joining us.

We are very pleased to be delivering second quarter financial results that almost fully met, and in some cases exceeded expectations we set back in May despite the ongoing economic uncertainty, demonstrating once again that the company we’ve been transforming is resilient in its performance even in the face of macroeconomic challenges.