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

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.

Gannett Fleming Acquires DiGioia Gray

ARC Document Solutions

Enel Chile

Entravision Communications

Pitney Bowes

Pagaya Technologies Ltd

Sachem Capital

While macro headwinds continue to affect the performance of penny stocks in general, it's been largely a different story with the top penny stocks. Among the thousands of stocks trading for $5 per share or less, a select number of them have performed very well in recent months.

7 Penny Stocks You Better Be Buying on Each and Every Dip

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.

USA TODAY NETWORK Ventures Announces 2023 High School Sports Awards Show

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.

Gannett: Some Risks, But Artificial Intelligence Could Imply Undervaluation

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) announced today that Chris Cho will join the company on July 10 as President of Digital Marketing Solutions (DMS) to accelerate the growth and expansion of LocaliQ. LocaliQ is a digital marketing growth platform that helps businesses find, convert and keep customers with a suite of proprietary software that enables marketing automation, campaign management, Customer Relationship Management (CRM) and insight tools in addition to expert-.

Chris Cho Joins Gannett as President of Digital Marketing Solutions

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), today announced the return of its Best-selling Booklist featuring expanded content, the ability to filter by genre, updated tools to enable data collection as well as new partnerships that support independent booksellers across the country in USA TODAY Network markets. “USA TODAY Best-selling Booklist is back, and we couldn't be more thrilled because this content is important to our vast audience and uniquely suppor.

USA TODAY Best-selling Booklist Returns

Alphabet

Gannett (NYSE:GCI) Co, the publisher of USA Today and city newspapers around the country, is suing Google over allegedly anticompetitive practives in the advertising technology market.  The publisher filed a complaint with the Southern District of New York on Tuesday, adding to a litany of lawsuits Google and its parent Alphabet are facing.

USA Today publisher sues Google over 'sophisticated, anticompetitive, and deceptive' digital ad monopoly

Gannett has filed a civil lawsuit against Google and its parent company Alphabet, claiming that they unlawfully hold monopolies in the advertising technology tools that publishers and advertisers use to buy and sell online ad space.

Gannett sues Google, Alphabet claiming they have a monopoly on digital advertising

USA Today parent Gannett sued Google, alleging the tech giant has used anticompetitive business practices to gain an illegal monopoly over the digital advertising market.

Gannett sues Google over ‘deceptive scheme' to gain online ad monopoly

NEws Peg The newspaper industry has been rocked by declining advertising revenue and subscriptions for decades as the internet and technology has changed how people co

America's Largest Newspaper Publisher Sues Google–Here's Why

It adds to an already extensive list of lawsuits against the company for alleged anticompetitive behavior.

Gannett sues Google over its alleged ad tech monopoly

The company said Google's alleged misconduct has harmed publishers, particularly those running local news operations.

Gannett Sues Google, Alleges Monopolization of Ad-Tech Markets

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) the largest publisher in the United States including USA TODAY and over 200 local publications, today filed a federal lawsuit in U.S. District Court for the Southern District of New York against Google for monopolization of advertising technology markets and deceptive commercial practices. The lawsuit seeks to restore competition in the digital advertising marketplace and end Google's monopoly, which will encourage investment in newsro.

Gannett Files Federal Lawsuit Against Google

Gannett , the publisher of USA Today, on Tuesday sued Google, accusing the social media company of violating federal antitrust law by trying to monopolize the market for online advertising.

Gannett sues Google, alleges it monopolizes online ads

Gannett Co. Inc. GCI, -4.10% disclosed Tuesday that it filed a civil suit against Google and its parent Alphabet Inc., seeking damages for the “anticompetitive monopolization” of advertising technology markets and for “deceptive” commercial practices. The publisher of the USA Today newspaper and site alleges that news publishers don't see the growth in ad spending because Google unlawfully acquired and maintains monopolies for tools publishers and advertisers use to buy and sell online ad space.

Gannett files civil suit against Google seeking damages for ‘anticompetitive' and ‘deceptive' practices in the online advertising market

Publisher Gannett plans to include generative artificial intelligence in the system it uses to publish stories as it and other news organizations begin to roll out the popular technology that may help save money and improve efficiency.

Gannett tiptoes into generative AI, giving humans the last word

MCLEAN, Va.--(BUSINESS WIRE)--The 2023 USA TODAY Wine & Food Experience is embarking on a nationwide tour from August through November, celebrating local cuisine and culinary leaders across the country. The USA TODAY Wine & Food Experience, produced by USA TODAY NETWORK Ventures, the events division of Gannett Co., Inc. (NYSE: GCI) kicks off on Saturday, August 12 in Detroit, MI. USA TODAY Wine & Food Experience is a culinary event for food enthusiasts as well as wine and spirit con.

2023 USA TODAY Wine & Food Experience Tour Announced

CarGurus

Palo Alto Networks

DISH Network

Here are some prospective movers to keep an eye on Monday, when the U.S. stock market, as of early Sunday evening Eastern time, appeared poised for a muted start to the new week.

U.S. stocks appear headed for a flat open, but keep an eye peeled Monday for Dish, Gannett, Palo Alto Networks, CarGurus and others

Artisan Partners Asset Management

Berry Global Group

Big Lots

BWX Technologies

Crown Hlds

California Resources

Dana Incorporated

Douglas Emmett

Doximity

Douglas Elliman

Genesco

Graphic Packaging Hld

Macerich

Moelis

Ingevity

Ovintiv

Planet Fitness

Rayonier Advanced Materials

Tredegar

Victoria's Secret & Co

WESCO

NEW YORK , June 2, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Tuesday, June 20, to coincide with the quarterly rebalance. The U.S. equity markets will be closed on Monday, June 19 in observance of the Juneteenth holiday.

Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced veteran journalist and news executive Terence Samuel will join Gannett and lead USA TODAY's award-winning newsroom as Editor in Chief effective July 10. Samuel will oversee the flagship national publication and guide the next phase of growth and innovation at USA TODAY. In his role, Samuel will shape content that serves over 75 million readers monthly who trust USA TODAY as a clear, concise and facts-based news source.

Terence Samuel Appointed USA TODAY Editor in Chief

Journalists across the U.S. will walk off their jobs next week at roughly two dozen newsrooms run by Gannett, the largest newspaper chain in the U.S., their union said Thursday.

Journalists to strike Monday at Gannett, the largest U.S. newspaper chain

The Pragmatic Investor's James Foord and The Portfolio Architect's Lawrence Fuller discuss current Fed policy, inflation outlook and recession potential. Regional banks' liquidity crisis.

News for Gannett Co. Stock (GCI)