earnings
confidence high
sentiment neutral
materiality 0.70
Gannett Q1 net loss $3M; digital subs up 44% to 1.75M, digital rev 34% of total
USA TODAY Co., Inc.
2022-Q1 EPS reported
-$0.02
revenue$748,077,000
- Net loss $3.0M (margin -0.4%); adjusted net income $4.5M.
- Total revenue $748.1M (-3.7% YoY); digital revenue $251.1M (+9.7% same-store).
- Digital-only paid subs surpassed 1.75M (+44% YoY); digital circ revenue $30.1M (+30%).
- Digital marketing solutions core rev $107.3M (+14%) with core client growth of 13%.
- Reiterated 2022 full-year guidance; free cash flow $21.7M; cash from ops $32.4M.