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Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Scripps First Quarter 2021 Earnings Call. [Operator Instructions]
I ll turn the call now over to Ms. Carolyn Micheli, Head of Investor Relations. Please go ahead.
Carolyn Micheli
Head of Investor Relations
Thank you, John. Good morning, everyone and thank you for joining us for a discussion of The E.W 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 includes forward-looking statements and actual results may differ. Factors that may cause them to differ are outlined in our SEC filings. The COVID-19 pandemic enhances the uncertainty of forward-looking statements we make about our operations and financial conditions. We do not intend to update any forward-looking statements we make today.
Scripps Expects Double Digit 2Q Growth
It predicts station revenue for the second quarter “be up in the high-teens percent range. That includes core ad revenue up in the mid-40% range,” CFO Jason Combs told analysts. And for the company’s networks division the former Ion operation, Katz Networks and Newsy revenues are expected to be up about 20%.
By Jack Messmer | May 7, 2021 | 12:18 p.m. ET.
The E.W. Scripps Co. is signaling Wall Street that even more robust growth is ahead after beating expectations for the first quarter. “Businesses have reopened, mask mandates are loosening and vaccine rates are rising. Americans are coming out of their homes, their wallets a little fatter with federal stimulus dollars, and advertisers are competing to capture them, Scripps President-CEO Adam Symson told analysts Friday morning following release of the company’s first quarter earnings.