secwatch.observer — SEC 8-K summary
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Issuer:     USA TODAY Co., Inc. (TDAY)
CIK:        0001579684
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001579684-22-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gannett Q4 revenue $826.5M, net loss $22.4M; digital subs up 49% to 1.6M, adopts $100M buyback
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- Total revenues $826.5M, down 5.6% YoY; net loss $22.4M, adjusted net income $42.8M.
- Adjusted EBITDA $115.4M, down 22.5% YoY; margin 14.0%.
- Digital-only paid subscribers >1.6M, up 49% YoY; total digital revenues $272.6M, up 5% same store.
- Repaid $57.5M debt in Q4, $235M in 2021; adopted $100M share repurchase program.
- Expects 2022 free cash flow to nearly double from 2021; targets 2M digital subscribers by end of 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579684/000157968422000007/0001579684-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579684/000157968422000007/gci-20220224.htm
  HTML page:      https://secwatch.observer/filing/0001579684-22-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer