---
schema_version: "secwatch.filing_event.v1"
accession: "0001579684-23-000011"
form_type: "8-K"
ticker: "TDAY"
cik: "0001579684"
company_name: "USA TODAY Co., Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:40:50.169944+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gannett Q4 2022 revenue down 11.6% to $730.7M; digital subs up 24% to 2.03M; net income $32.8M

## Summary
- Total revenues $730.7M, down 11.6% YoY; net income $32.8M (4.5% margin).
- Digital-only paid subscriptions 2.03M (+24% YoY); digital-only circulation revenue $35.5M (+29% YoY).
- Digital Marketing Solutions core platform revenue $119.7M (+9% YoY); Adjusted EBITDA $90.4M (-21.7% YoY, +74.1% sequentially).
- Repaid $47.3M debt in Q4, $146.6M in 2022; cash balance $94M at year-end.
- Free cash flow usage $1.6M in Q4; management expects significant cash flow growth in 2023.

## SEC filing metadata
- accession: 0001579684-23-000011
- form_type: 8-K
- ticker: TDAY
- cik: 0001579684
- company_name: USA TODAY Co., Inc.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579684/000157968423000011/0001579684-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579684/000157968423000011/gci-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579684-23-000011
- JSON: https://secwatch.observer/filing/0001579684-23-000011.json
- Plain text: https://secwatch.observer/filing/0001579684-23-000011.txt

## Key facts
- Earnings Releases
  USA TODAY Co., Inc. reported the fourth quarter ended December 31, 2022 results: revenue $730.7 million, net income $32.8 million.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $730.7 million
  - Net income: $32.8 million
  - Result: reported results
  source text: • Total revenues of $730.7 million decreased 11.6% compared to the fourth quarter of 2021 ◦ Same store revenues (2) decreased 10.3% compared to the fourth quarter of 2021 • Total digital revenues were $269.2 million or 36.8% of total revenues, down 0.4% over the same period in the prior year on a same store (2) basis mainly as a result of declines in digital media year-over-year • Net income attributable to Gannett of $32.8 million, an income margin of 4.5%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579684/000157968423000011/0001579684-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.