“Good things come to those who wait,” so the saying goes. That’s indeed the case when it comes to investors in The E.W. Scripps Co. With a significant round of debt refinancing announced just after Tuesday’s Closing Bell on U.S. financial markets, Scripps cleared a big hurdle as it prepared to discuss its Q4 2024 results this morning after a short postponement of their release.
And, it turns out, Scripps swung to net income on a healthy revenue climb.
