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

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Earnings data Q4 2023

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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.

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MCLEAN, Va.--( BUSINESS WIRE )--Reviewed, USA TODAY's consumer product review brand, part of Gannett Co., Inc. (NYSE: GCI) is launching the first-ever AccessABILITY Awards to honor the top products designed for consumers with disabilities. Highlighting eight winning products, Reviewed will present the inaugural AccessABILITY Awards as part of the 2023 Consumer Electronics Show's (CES) official programming on Friday, January 6 at 12:30 p.m. PT in the Las Vegas Convention Center Grand Lobby.

Reviewed Launches AccessABILITY Awards Honoring the Best in Accessible Design

MCLEAN, Va.--( BUSINESS WIRE )-- LocaliQ , the Digital Marketing Solutions (DMS) business of Gannett Co., Inc. (NYSE: GCI), announced the launch of new appointment scheduling software created to help small business owners take control of their most valuable asset – time. The scheduling tool from LocaliQ removes the barriers to setting up and accepting appointments, providing customers with everything needed to manage their busy calendar twenty-four hours a day, seven days a week.

LocaliQ Launches New Scheduling Management Software for Small Businesses

Hundreds of media industry employees were laid off this week as Warner Bros. Discovery, Gannett and others reduced headcount amid economic uncertainty.

Gannett, CNN, Washington Post make cuts in brutal week for media industry as hundreds lose jobs

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With the significant volatility and uncertainty in equity markets expected to continue through 2023, some investors are seeking alternative short to medium-term trading ideas.

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MCLEAN, Va.--( BUSINESS WIRE )--Gannett Co., Inc. (“Gannett”, “we”, “us”, “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:

Gannett to Participate in the UBS Global TMT Conference

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Gannett to Participate in a Fireside Chat at the BTIG Technology Innovation Summit

More than 200 Gannett staffers walked out Friday amid stringent cuts and layoffs at the publishing giant.

More than 200 Gannett staffers stage one-day strike over wages

The protest across 14 newsrooms follows recent layoffs and cost-cutting at the USA Today publisher.

Gannett News Staffers Stage Daylong Strike

Gannett Co., Inc. (NYSE:GCI ) Q3 2022 Results Conference Call November 3, 2022 8:30 AM ET Company Participants Matthew Esposito - IR Mike Reed - Chairman, CEO Doug Horne - CFO Conference Call Participants Doug Arthur - Huber Research Jason Bazinet - Citi Operator Greetings, and welcome to the Gannett 3Q Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Gannett Co., Inc. (GCI) Q3 2022 Earnings Call Transcript

Gannett Announces Third Quarter 2022 Results and Reiterates Full Year Outlook

The digital transformation of Gannett over the past three years continues, yet its stock price reflects none of the progress. The pandemic-induced recession in 2020 and surge in inflation during 2022 were both major headwinds for progress.

Gannett's Digital Transformation Remains On Track

USA TODAY Network and Gannett Foundation Announce 2022 “A Community Thrives” National Grant Recipients

Gannett Schedules Third Quarter 2022 Results

Gannett Co. Inc. GCI, -4.64% informed staff on Wednesday that it's temporarily suspending its 401(k) match from Oct. 24 and mandating five days of unpaid leave in December, as part of a latest round of cost cuts. In a memo circulated by Editor & Publisher, Chief Executive Mike Reed said the publisher is also offering voluntary severance and will pause hiring apart from for key revenue and operating roles of others deemed critical.

USA Today parent Gannett mandates 5 days of unpaid leave in December, seeking voluntary layoffs in latest cost cuts

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today that subsequent to June 30, 2022, the Company repurchased approximately $24.8 million of 6.00% first lien notes due November 1, 2026 (the "2026 Senior Notes") for approximately $19.9 million representing a discount to par. During the third quarter of 2022, the Company received a waiver from certain of its lenders to apply up to $20 million of the net cash proceeds from ce

Gannett Announces Ongoing Debt Repayment

Subscription-led company, Gannett Co. is using know-how accumulated in the traditional print media business to form a digital marketing platform. With a new cost-cutting program in place and a massive distribution network, the new Gannet's subscription-led business strategy could be quite successful.

Gannett: New Cost Reduction Program And Undervalued

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MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), today celebrates 40 years of impacting the media landscape with concise journalism that speaks to the nation. First published on September 15, 1982, USA TODAY introduced audiences to a full-color, vibrant publication with infographics, approachable content and expert-driven digestible journalism. USA TODAY transformed the industry and quickly became a trusted news leader. To commemorate the occasion, an anniversary

Celebrating 40 Years of USA TODAY's Groundbreaking Journalism

MCLEAN, Va.--(BUSINESS WIRE)--LocaliQ, Gannett Co., Inc.'s (NYSE: GCI) Digital Marketing Solutions (DMS) business today announced the launch of a new brand advertising campaign. LocaliQ is a marketing platform that helps businesses find, convert, and keep customers with a suite of marketing automation, channel campaign management, CRM, and insight tools with expert-led services. The ‘Seize Your Potential' campaign features customer testimonials from four small business customers spanning the he

LocaliQ Reveals New Logo and ‘Seize Your Potential' Campaign

In a late-Friday move Gannett, the nation's largest newspaper chain, executed layoffs at outlets across the country. While no official tally was available, journalists at the Athens (Georgia) Banner-Herald, (South Texas) Caller-Times, Columbia (Missouri) Daily Tribune, Ventura County Star, St.

Gannett, America's Largest Newspaper Chain, Lays Off Journalists After Dismal Earnings Report

Gannett Co., Inc. (NYSE:GCI ) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Matt Esposito - IR Mike Reed - Chairman and CEO Doug Horne - CFO Operator Greetings, and welcome to the Gannett 2Q Earnings Conference Call. [Operator Instructions) As a reminder, this conference is being recorded.

Gannett Co., Inc. (GCI) CEO Mike Reed on Q2 2022 Results - Earnings Call Transcript

The newspaper publisher reported disappointing second-quarter results.

Why Shares of Gannett Crashed This Morning

USA Today parent Gannett Co. Inc. GCI, +4.56% reported Thursday that it swung to a second-quarter net loss of $53.7 million, or 39 cents a share, from net income of $22.6 million, or 10 cents a share, in the year-ago period. There were not enough analyst estimates compiled by FactSet to have a consensus.

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