secwatch.observer — SEC 8-K summary
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Issuer:     USA TODAY Co., Inc. (TDAY)
CIK:        0001579684
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001579684-22-000035
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gannett Q3 revenue down 10.3% to $717.9M; net loss $54.1M; digital subs up 28.5% to 1.98M
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- Revenue $717.9M (-10.3% YoY); same-store revenue down 9.0%. Net loss $54.1M vs income year ago.
- Adjusted EBITDA $51.9M (-49.1% YoY); sequential improvement +2.1%; margin 7.2%.
- Digital-only paid subscribers 1.98M (+28.5% YoY); surpassed 2.0M in Oct. Digital Marketing platform revenue record $118.7M.
- Repaid $24.3M debt in Q3 ($129.9M YTD); additional $30.7M post-quarter. Full-year outlook reiterated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579684/000157968422000035/0001579684-22-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579684/000157968422000035/gci-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001579684-22-000035

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