secwatch.observer — SEC 8-K summary
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Issuer:     USA TODAY Co., Inc. (TDAY)
CIK:        0001579684
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001579684-23-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579684/000157968423000011/0001579684-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579684/000157968423000011/gci-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001579684-23-000011

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