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 Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

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Gannett Co., Inc. (NYSE:GCI ) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Matthew Esposito - Investor Relations Mike Reed - Chairman & Chief Executive Officer Kristin Roberts - Chief Content Officer Chris Cho - President of Digital Marketing Solutions Doug Horne - Chief Financial Officer Conference Call Participants Doug Arthur - Huber Research Partners Operator Good day, ladies and gentlemen, and welcome to the Gannett Third Quarter of 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Gannett Co., Inc. (GCI) Q3 2023 Earnings Call Transcript

MCLEAN, Va.--(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, 2023. "In the third quarter, we drove significant improvement to our bottom line, along with sustained growth in both Adjusted EBITDA(1) and total digital revenues. Furthermore, for the third consecutive quarter, we achieved a sequential improvement in same-store revenues(1). Our financial results for the thir.

Gannett Announces Third Quarter 2023 Results & Updated Full Year Outlook

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MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its third quarter 2023 financial results on Thursday, November 2, 2023, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, November 2, 2023 at 8:30 A.M. Eastern Time. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to partic.

Gannett Schedules Third Quarter 2023 Results

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Gannett has undergone a four-year transformation into a digitally focused media and marketing solutions company. The company has exceeded its own estimates and raised guidance for the full year in the first and second quarters, with a return to overall revenue growth expected in 2024. Gannett's Digital Marketing Solutions (DMS) business is a key driver of growth, with potential value estimated at $800 million to $1 billion.

Gannett: Extraordinarily Undervalued And On The Cusp Of Revenue, Earnings Growth

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) and the USA TODAY Network today announced a multi-year agreement to become the official media partner of Jackpocket, America's #1 lottery app*. As the exclusive digital lottery courier of the USA TODAY Network, Jackpocket will reach a broad audience across the country and provide a fun and convenient way for the USA TODAY Network audience to order lottery tickets – right from their phones. “Partnering with Jackpocket as Gannett's offic.

Gannett and Jackpocket Announce Exclusive Agreement

EXTON, Pa.--(BUSINESS WIRE)-- #topworkplaces--Energage, the technology company behind the Top Workplaces employer recognition program, today announced it will expand its award to three new regions: Northeast Wisconsin, Rhode Island, and Vermont, starting in 2024. Energage and Gannett partner to celebrate Top Workplaces in 20 markets, including the three new regional markets. The awards will be featured in media brands, including the Green Bay Press Gazette, Burlington Free Press, and The Providence Journal. Ene.

Energage and Gannett Celebrate Top Workplaces in Three New Regions

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today it has repurchased approximately $15.0 million of 6.00% first lien notes due November 1, 2026 (the “2026 Senior Notes”) for approximately $13.1 million, representing a discount to par value. In connection with the repurchase of the 2026 Senior Notes, the Company received a waiver from certain lenders under its five-year senior secured term loan facility that reduced the s.

Gannett Announces Additional Debt Reduction

Newspaper chain Gannett has paused the use of an artificial intelligence tool to write high school sports dispatches after the technology made several major flubs in articles in at least one of its papers.

Gannett to pause AI experiment after botched high school sports articles

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, or “our”) (NYSE: GCI) today announced that its Chairman and Chief Executive Officer, Michael Reed, will participate at the following conference: Citi's 2023 Global Technology Conference Wednesday, September 6, 2023 4:45 p.m. ET / 1:45 p.m. PT New York, New York The video webcast of the conference will be accessible through the Investor Relations section of our website under the News and Events – Event Calendar section and will re.

Gannett to Present at Citi's Global Technology Conference

Gannett, the largest US newspaper publisher, is facing a lawsuit claiming its efforts to diversify newsrooms led to discrimination against white workers.

Gannett sued by ex-employees alleging diversity goals discriminated against white workers

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MCLEAN, Va.--(BUSINESS WIRE)--The Des Moines Register, part of Gannett Co., Inc. (NYSE: GCI) and the USA TODAY Network announced today that NBC News will partner with the Des Moines Register for the Des Moines Register/NBC News/Mediacom Iowa Poll (“The Iowa Poll”). The Iowa Poll is widely recognized for insights leading up to the 2024 Iowa presidential caucuses. The partners will work with Selzer & Company pollster J. Ann Selzer to develop questions that will be analyzed for broad distribut.

The Des Moines Register Iowa Poll Partners With NBC News

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today: The Company used proceeds of $44.4 million from real estate sales completed in the third quarter to reduce its first lien debt by $46.9 million. Approximately $16.0 million of the proceeds were used to repurchase approximately $18.5 million of 6.00% first lien notes due November 1, 2026 (the “2026 Senior Notes”), representing a discount to par. The remaining $28.4 millio.

Gannett Announces Continued Debt Repayment

USA Today-publisher Gannett Co boosted its annual earnings expectations on Thursday, as advertising demand recovers from post-pandemic lows.

USA Today-publisher Gannett raises profit targets as ad demand rebounds

Shares of USA Today parent Gannett Co. Inc. GCI, -2.14% gained 1.1% in premarket trading Thursday, after the media company reported reported second-quarter losses that narrowed from a year ago and boosted its full-year bottom-line outlook. Net losses narrowed to $12.7 million, or 9 cents a share, from $53.7 million, or 39 cents a share, in the year-ago period.

USA Today parent Gannett's stock gains after losses narrow, full-year outlook raised

MCLEAN, Va.--(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, 2023. "We are pleased to report strong operational and financial results for the quarter. In the second quarter, Adjusted EBITDA grew by 40% year-over-year, reflecting a margin of approximately 11%, a sizable increase compared to the prior year's margin of about 7%. Additionally, free cash flow increased by 189% y.

Gannett Announces Second Quarter 2023 Results and Raises Full Year Outlook

CAMP HILL, Pa.--(BUSINESS WIRE)-- #AEC--Gannett Fleming's acquisition of engineering solutions provider DiGioia Gray.

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MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) announced today the 2023 USA TODAY High School Sports Awards national show, debuting a new podcast-style talk show format. The national show premiers on Sunday, July 30 at 8 p.m. ET on the USA TODAY High School Sports Awards website. USA TODAY High School Sports Awards, the largest high school sports recognition program in the country, honors the top athletic accomplishments of over 40 athletes in 18 sports categories – baseball, softb.

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MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its second quarter 2023 financial results on Thursday, August 3, 2023, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, August 3, 2023 at 8:30 A.M. Eastern Time. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to participa.

Gannett Schedules Second Quarter 2023 Results

Gannett is expected to successfully offer beneficial digital tools to clients, leveraging its artificial intelligence tools and years of media industry expertise. Despite the company's large debt, efforts are being made to lower net debt/EBITDA levels, including a recent debt repurchase, risks from failed restructuring initiatives and product introductions remain. The company's future success largely depends on its ability to shift its revenue to the digital solutions segment and optimize the lifespan of print editions.

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