Gannett Co.

USA Today is an internationally distributed American daily, middle-market newspaper that serves as the flagship publication of its owner, the Gannett Company.

USA Today

Gannett Co., Inc. engages in the provision of digital media and marketing solutions. It operates through the following segments: Publishing and Digital Marketing Solutions. The Publishing segment consists of a portfolio of local, regional, national, and international newspaper publishers. The Digital Marketing Solutions segment consists of digital marketing solutions subsidiaries, ReachLocal and UpCurve. The company was founded in 1906 and is headquartered in Pittsford, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Gannett anticipates EBITDA growth and digital expansion amidst financial targets

Gannett's Q4 performance reflects strong digital revenue growth and cost reduction efforts, positioning the company for improved financial outcomes in 2023.
Despite challenges in adjusted EBITDA decline and macroeconomic uncertainties, Gannett's focus on debt repayment and digital business expansion presents growth opportunities.
The company's strengths in organizational structure, digital revenue growth, and cost management underscore its commitment to financial stability and long-term growth.
With a clear roadmap for 2023, Gannett aims to achieve EBITDA growth, free cash flow targets, and sustainable financial performance, supported by ongoing operational enhancements.

Gannett reports Q1 growth, focuses on digital transformation and debt reduction

Gannett's Q1 performance showed mixed results with a decline in adjusted EBITDA but significant net income improvement. The company's focus on digital subscriptions, content enhancement, and debt reduction bode well for future growth.
While facing challenges in sustaining digital growth and profitability, Gannett's strategic strengths in content strategy, partnerships, and financial discipline provide a solid foundation for long-term success.
Opportunities lie in expanding digital offerings, leveraging data analytics, and exploring strategic investments to drive revenue diversification and enhance shareholder value in the coming years.

Gannett reports robust Q2 earnings, eyes digital growth opportunities

Gannett Co. (GCI) showcased a strong Q2 performance with notable growth in adjusted EBITDA, free cash flow, and digital revenues, underpinned by a focus on digital transformation and strategic partnerships.
While facing challenges in sustaining digital revenue growth and legal uncertainties from the lawsuit against Google, Gannett's strengths in content quality, revenue diversification, and financial discipline position it well for future opportunities.
Opportunities lie in further revenue diversification through digital growth and partnerships, strengthening audience engagement through captivating content, and leveraging digital success for sustained financial performance and market positioning.
Overall, Gannett's Q2 earnings call reflects a company poised for growth, navigating challenges with strategic foresight and capitalizing on opportunities for continued success in the evolving media landscape.

Gannett reports robust Q3 earnings, focuses on digital revenue growth

Gannett's Q3 performance reflects a strong focus on digital revenue growth and audience expansion despite economic challenges.
The company's partnerships and strategic initiatives position it well for long-term value creation and revenue diversification.
Challenges in traditional revenue streams highlight the need for continued innovation and adaptation in the evolving media landscape.

Gannett achieves digital revenue growth, plans for sustainable growth

Gannett's focus on digital revenue growth and partnerships is driving positive results.
Efforts to reduce costs, leverage AI tools, and accelerate digital revenue growth are key strategies.
Challenges include impairment charges and decreasing operating revenues, but EBITDA growth expected.
Overall, Gannett aims for sustainable revenue growth and increased free cash flow.

Gannett Co. exceeds Q1 expectations with digital revenue growth

Gannett Co. delivered strong Q1 results with notable digital revenue growth and improvements in free cash flow and adjusted EBITDA trends. Despite challenges in total operating revenues, the company remains confident in its full-year outlook and is focused on seizing future opportunities.

Gannett Co. reports robust Q2 performance and digital revenue growth

Gannett Co.'s Q2 earnings call highlighted strong financial and operational performance, with executives expressing confidence in achieving full-year objectives. The company's strategic focus on digital transformation, audience engagement, and revenue diversification positions it well for future growth and success.

Gannett Co. reports solid Q3 performance, eyes audience growth

Gannett Co. delivered a strong Q3 performance with increased adjusted EBITDA and significant digital revenue growth, despite overall revenue decline.
The company faces challenges in revenue diversification and sustaining growth amidst strategic decisions and competitive pressures.
However, opportunities lie in audience expansion, innovative partnerships, and optimistic outlook for Q4 performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced its first-ever USA TODAY Movie Meter, a new platform that engages movie enthusiasts to rate which film deserves the “Film of the Year” designation. USA TODAY Movie Meter harnesses the opinions of the public, not industry insiders, to rate the year's most beloved film based on the movies nominated by the Academy of Motion Picture Arts and Sciences for the Academy Awards. From February 12, 2025 through Marc.

Inaugural USA TODAY Movie Meter Announced

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chairman and Chief Executive Officer, Michael Reed, and its Chief Financial Officer, Doug Horne, will participate at the following conference: UBS Global Media and Communications Conference Monday, December 9, 2024 One-on-one investor meetings throughout the day New York, New York About Gannett Gannett Co., Inc. (NYSE: GCI) is a diversified media company with expansiv.

Gannett to Participate at the UBS Global Media and Communications Conference

Gannett Co., Inc. (GCI) Q3 2024 Earnings Call Transcript

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the third quarter ended September 30, 2024. "We continued to make solid progress on our key priorities in the third quarter while delivering another quarter of year-over-year Adjusted EBITDA growth. Three out of four digital revenue categories experienced further trend improvement year-over-year, and as a result, total digital revenues surpassed.

Gannett Announces Third Quarter 2024 Results & Updated Full Year Outlook

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today that its previously announced (a) offer to exchange (the “Exchange Offer”) any and all outstanding 6.000% Senior Secured Notes due 2026 (the “Notes”) of its wholly-owned subsidiary, Gannett Holdings LLC (“Gannett Holdings”), and (b) the related consent solicitation made by Gannett and Gannett Holdings (the “Consent Solicitation”) to adopt certain amendments to the indenture go.

Gannett Announces Expiration of Exchange Offer and Consent Solicitation

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its third quarter 2024 financial results on Thursday, October 31, 2024, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, October 31, 2024 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, inves.

Gannett Schedules Third Quarter 2024 Results

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today the initial closing of its previously announced debt refinancing transactions that extend our debt maturities and significantly reduce future dilution from the Company's 6.000% Senior Secured Convertible Notes due 2027 (the “2027 Convertible Notes”). “We are pleased to announce the successful closing of our refinancing transactions, which mark an important step in strengthenin.

Gannett Announces Closing of Refinancing Transactions and Early Settlement of Exchange Offer and Consent Solicitation

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today the preliminary results of early participation in connection with its previously announced (a) offer to exchange (the “Exchange Offer”) any and all outstanding 6.000% Senior Secured Notes due 2026 of its wholly-owned subsidiary, Gannett Holdings LLC (“Gannett Holdings”), as set forth in the table below (the “Notes”), for, at the election of each holder of Notes, either (i) (A).

Gannett Announces Results of Early Participation in Exchange Offer and Consent Solicitation

Recently, a judge announced that it views Google as a monopoly that broke the law. Other companies believe Google's practices have hurt their business and plan to follow the government lawsuit with their own suit, which could yield big payouts.

This Stock Could Benefit Massively From the Justice Department's Lawsuit Against Alphabet

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “us”, “our”, or the “Company”) (NYSE: GCI) announced today that the Company and its wholly-owned subsidiary, Gannett Holdings LLC (“Gannett Holdings”) have commenced an offer to eligible holders to exchange (the “Exchange Offer”) any and all outstanding 6.000% Senior Secured Notes due 2026 of Gannett Holdings, as set forth in the table below (the “Notes”), for, at the election of each holder of Notes, either (a) (i) first lien t.

Gannett Commences Exchange Offer and Consent Solicitation

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced the promotion of Caren Bohan to USA TODAY Editor in Chief, overseeing USA TODAY Network's flagship national publication. Her role is effective immediately, reporting to Monica Richardson, Senior Vice President of USA TODAY. Bohan is a seasoned newsroom executive with over 30 years of news experience including more than a decade as a newsroom leader. She began her career at Reuters where she spent 20 years, serving as a.

Caren Bohan Appointed USA TODAY Editor in Chief

The U.S. Department of Justice is suing Google over alleged anti-competition tactics regarding search, which has hurt media publishers. Gannett has a similar lawsuit pending.

Why Shares of Gannett Are Soaring Today

New York, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), today announced the launch of the USA TODAY Wine Club, a way for consumers who appreciate wine to discover local winemakers and their inspiring stories. The club reaffirms the commitment of the USA TODAY Network to enrich communities by providing an engaged audience of over 132 million unique monthly visitors with the content they seek in a new and refreshing manner. The USA TODAY Wine Club offers something for eve.

USA TODAY Launches Inaugural Wine Club

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced a multi-year strategic partnership with BetMGM, a leading sports betting and iGaming operator. As part of the agreement, BetMGM will serve as the preferred online sportsbook and casino partner for USA TODAY Sports providing sports betting odds and betting information across the expansive USA TODAY Network in more than 200 local U.S. markets across 43 states with more than 300 digital news and media brands in the portfo.

Gannett and BetMGM Announce Multi-Year Partnership

NEW YORK, NY--(BUSINESS WIRE)--Ventures Endurance, part of Gannett's (NYSE: GCI) USA TODAY NETWORK Ventures, today announced the USA TODAY branded 2024-2025 Hot Chocolate Run series. The run kicks off October 6th in Denver, CO, and continues across 16 cities including Chicago, Dallas, Charlotte, Nashville, San Diego, San Francisco and Phoenix through April 2025. With 5K, 10K and 15K distances and a virtual race option, the series attracts over 150,000 runners across the country each year. Hot C.

Hot Chocolate Run 2024-2025 Series Announced

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today announced that from the beginning of the third quarter through the close of business on September 9, 2024, the Company expects to have sold approximately $13.0 million in real estate and non-strategic asset sales, including the proceeds from the sale of certain businesses. Proceeds from the asset sales are expected to be used to repay approximately $13.0 million of our five-year s.

Gannett Announces Debt Repayment & Refinancing Update

NEW YORK, NY--(BUSINESS WIRE)--LocaliQ Digital Marketing Solutions (DMS), part of Gannett Co., Inc. (NYSE: GCI), continues to expand its best-in-class solutions for small to mid-sized businesses. The latest offering introduces Yelp Ads to LocaliQ's Search Ads product, which is designed and optimized to enable LocaliQ customers to be in front of their target customers at exactly the right time. LocaliQ's Search Ads are powered by proprietary technology that optimizes a single campaign budget acr.

LocaliQ Expands Online Search Offering

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today it has entered into a commitment letter for a comprehensive debt refinancing that is expected to extend our debt maturities and significantly reduce future dilution from the Company's 6.0% Senior Secured Convertible Notes due 2027 (the “2027 Notes”). The commitment letter provides for a new senior secured credit facility (the “Term Loan Facility”) with funds managed by affilia.

Gannett Announces Commitment Letter to Secure New Credit Facility to Refinance Existing Debt

A federal judge in Virginia has tossed out a proposed class action accusing newspaper publisher Gannett of adopting diversity policies that had led to widespread discrimination against white employees.

Gannett beats claims of bias against white workers, for now

NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced the winners of the inaugural USA TODAY Ad Meter Brand Spotlight: Olympics Edition. With all eyes on the 2024 Summer Games in Paris, France, brands tapped into the fanfare with exciting, emotional advertisements akin to the Super Bowl, celebrating the world's best athletes, as well as the people and products that have supported them. Following the record-breaking viewership of the games, from swimming to g.

Inaugural USA TODAY Ad Meter Brand Spotlight Awards Gold Medal to Nike

CAMP HILL, Pa. & KANSAS CITY, Mo.--(BUSINESS WIRE)--Gannett Fleming, a portfolio company of OceanSound Partners (“OceanSound”) and a leading engineering and infrastructure solutions provider, and TranSystems, a provider of transportation-focused engineering and infrastructure services, today announced that they have completed a strategic merger. Together, Gannett Fleming and TranSystems (collectively, the “Company”) create a best-in-class organization with approximately $1.3 billion in revenue.

Gannett Fleming and TranSystems Complete Merger, Creating New Leader in Infrastructure Consulting, and Announce CEO Transition

Gannett Co., Inc. (NYSE:GCI ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Matthew Esposito - Head-Investor Relations Michael Reed - Chairman and Chief Executive Officer Kristin Roberts - Chief Content Officer Chris Cho - President-Digital Marketing Solutions Doug Horne - Chief Financial Officer Conference Call Participants Giuliano Bologna - Compass Point Matthew Condon - Citizens JMP Operator Greetings and welcome to Gannett's Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode and a question-and-answer session will follow the formal presentation.

Gannett Co., Inc. (GCI) Q2 2024 Earnings Call Transcript

Gannett Co. Inc.'s stock GCI rose 2.7% early Thursday, after the USA Today publisher beat second-quarter profit estimates by a wide margin, offsetting a revenue miss. The company had net income of $13.7 million, or 9 cents a share, for the quarter, after a loss of $12.7 million, or 9 cents a share, in the year-earlier period.

USA Today parent Gannett's stock up after profit beats by a wide margin to offset a revenue miss

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the second quarter ended June 30, 2024. "We are pleased to report another strong quarter of financial results. In fact, our operational execution led to year-over-year growth in Adjusted EBITDA and further improvement to our same store revenue trends. Same store revenue trends improved sequentially for the sixth consecutive quarter, and we remain.

Gannett Announces Second Quarter 2024 Results and Reiterates Business Outlook

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its second quarter 2024 financial results on Thursday, August 1, 2024, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, August 1, 2024 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investor.

News for Gannett Co. Stock (GCI)