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

Gannett (GCI) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

Gannett (GCI) Catches Eye: Stock Jumps 5.2%

The newspaper publisher restructures debt and offers some positive commentary.

Why Gannett Stock Skyrocketed Today

Shares of USA Today-parent Gannett Co. Inc. ran up 6.9% in morning trading Tuesday, after the media and marketing company provided an upbeat outlook for the fourth quarter, and announced the refinancing high-yielding debt. Chief Executive Michael Reed said in a release that as Gannett improves its capital structure with the refinancing, "we are also seeing continued improvement in our revenue trends, which we expect will drive strong fourth-quarter results.

USA Today parent Gannett's stock surges after upbeat outlook, debt refinancing

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the “Company") (NYSE: GCI) today announced that it has refinanced approximately $500 million of its 11.5% term loan, maturing in 2024, with 6.0% convertible notes due in 2027. The refinancing reduces the outstanding term loan to $1.118 billion. “We are pleased to announce the refinancing, which we believe has three key benefits,” said Michael Reed, Gannett Chairman and Chief Executive Officer. “First, it generates

Gannett Announces Refinancing of Approximately $500 million of Debt

Gannett Co., Inc.'s (GCI) CEO Mike Reed on Q3 2020 Results - Earnings Call Transcript

Gannett (GCI) delivered earnings and revenue surprises of 11.36% and 5.01%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Gannett (GCI) Reports Q3 Loss, Tops Revenue Estimates

USA Today parent Gannett Inc. posted a narrower-than-expected net loss for the third quarter and revenue that topped estimates as it enjoyed a rapid rebound from the second-quarter impact of the coronavirus pandemic. The company had a loss of $31.3 million, or 24 cents a share, in the quarter, compared with the loss of $18.5 million, or 31 cents a share, posted in the year-earlier period, and less than the 43 cents loss-per-share consensus of FactSet analysts.

USA Today parent Gannett posts narrower-than-expected loss and revenue beat as it recovers from pandemic lows

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, 2020. “Our third quarter results showed a significant and rapid rebound from the second quarter impact of the COVID pandemic and economic shut down,” said Michael Reed, Gannett Chairman and Chief Executive Officer. “Our same store revenue trend, though down 19.6% year over year, improved meaningfully over our s

Gannett Announces Third Quarter 2020 Results

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, the “Company”) (NYSE: GCI) announced today that it will release its third quarter 2020 financial results on Tuesday, November 3, 2020, prior to the opening of the New York Stock Exchange. Management will host a conference call on Tuesday, November 3, 2020 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 welc

Gannett Schedules Third Quarter 2020 Results

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced today that a team of expert reporters will provide comprehensive on-screen fact checking for the 2020 presidential and vice-presidential debates. The on-screen fact checking will provide USA TODAY livestream viewers with immediate context from topical experts to help hold each candidate accountable for their claims during the debates. USA TODAY journalists are offering their expertise on various topics tha

USA TODAY To Provide Comprehensive On-Screen Fact Checking For the 2020 Presidential and Vice-Presidential Debates

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co.

Gannett Names Mayur Gupta as Chief Marketing & Strategy Officer

AMC Entertainment

Community Health Systems

National Beverage

GameStop

GrubHub

Signet Jewelers

The Container Store

Tesla

It might seem counterintuitive, but as investors get deep into a stock market rally like the current one, it doesn't hurt to monitor the portfolio for stocks to sell now.

The Pros' Picks: 9 Stocks to Sell Now

The news for the digital media giant amounts to taking two steps forward and one step back.

Why Gannett Stock Is Soaring Today

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co.

USA TODAY Names “100 Women of the Century” to Commemorate the 100th Anniversary of the 19th Amendment

Gannett Co., Inc.'s (GCI) CEO Mike Reed on Q2 2020 Results - Earnings Call Transcript

Shares of USA Today parent Gannett Co. Inc. GCI, -7.18% slumped 4.8% in premarket trading to reverse an earlier gain, after the media company reported it swung to a large second-quarter loss after an impairment charge while revenue rose 90%, boosted by the Legacy Gannett acquisition.

Gannett's stock sinks after swinging to loss, revenue rises after acquisition

Gannett (GCI) delivered earnings and revenue surprises of 50.00% and 3.09%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Gannett (GCI) Reports Q2 Loss, Tops Revenue Estimates

Shares of USA Today parent Gannett Co. Inc. GCI, -3.46% rose 0.6% in premarket trading, after the media company reported it swung to a large second-quarter loss after an impairment charge while revenue rose 90%, boosted by the Legacy Gannett acquisition.

Gannett swings to large loss, revenue jump 90% after closing Legacy Gannett acquisition

Gannett Announces Second Quarter 2020 Results

Gannett (GCI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Gannett (GCI) to Report a Decline in Earnings: What to Look Out for

Traders could be eyeing this low-volume stock for short-term gains.

Why Gannett Stock Is Rising Today

Gannett Schedules Second Quarter 2020 Results

Astronics

Cinedigm

Diamond Hill Investment Group

Destination XL Group

Global Eagle Entertainment

Hertz

Nature's Sunshine Products

Oasis Petroleum

XpresSpa Group

Using a grading scale from A to F, our deep learning AI has rated each of the stocks in this article to compile a vision of future trends. With an average A growth rating and plenty of room to move, these picks have been labeled this week’s top growth stocks to watch.

Top Growth Stocks For June

Gannett and other publishers face an increased risk of default, according to S&P

The bad news for Gannett, Other Publishers Continues

Gannett Co., Inc. (GCI) CEO Mike Reed on Q1 2020 Results - Earnings Call Transcript

News for Gannett Co. Stock (GCI)