secwatch.observer — SEC 8-K summary
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Issuer:     USA TODAY Co., Inc. (TDAY)
CIK:        0001579684
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001579684-22-000027
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gannett Q2 net loss $53.7M, revenue down 6.9%; cuts full-year outlook, implements cost reductions
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- Total revenues $748.7M, down 6.9% YoY; same-store revenue down 6.3%.
- Net loss attributable to Gannett $53.7M; adjusted net loss $26.9M.
- Digital-only paid subscribers 1.87M, up 35% YoY; total digital revenues $261.8M (35% of total).
- Adjusted EBITDA $50.9M, down 56.1% YoY; margin 6.8%.
- Company announces cost reduction program in legacy print and plans to repay $150M-$200M debt in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579684/000157968422000027/0001579684-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579684/000157968422000027/gci-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001579684-22-000027

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