Gannett Q1 net income $10.3M, raises full-year outlook

USA TODAY Co., Inc.

2023-Q1 EPS reported $0.07 revenue$668,917,000

Net income attributable to Gannett of $10.3M vs net loss of $3.0M in Q1 2022.
Total revenues $668.9M, down 10.6% YoY; same-store revenues down 9.3%.
Digital-only circulation revenues $35.8M, up 19% YoY; digital-only paid subscriptions up 15% YoY.
Digital Marketing Solutions core platform revenues $111.4M, up 4% YoY.
Adjusted EBITDA $62.9M (-2% YoY); company raised full-year 2023 Adjusted EBITDA, net income, and cash flow outlook.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

USA TODAY Co., Inc. reported first quarter ended March 31, 2023 results: revenue $668.9 million, net income $10.3 million. Guidance raised.

Period: first quarter ended March 31, 2023
Revenue: $668.9 million
Net income: $10.3 million
Guidance: raised
Result: reported results

Exact text from the filing

our commitment to providing communities with trusted, impactful content and best-in-class marketing solutions." First Quarter 2023 Financial Highlights: • Total revenues of $668.9 million decreased 10.6% compared to the first quarter of 2022 ◦ Same store revenues (1) decreased 9.3% compared to the first quarter of 2022 • Total digital revenues were $247.5 million

View on SEC.gov

171 earnings releases filed in the last 30 days. Browse all earnings releases →

USA TODAY Co., Inc. filing history →

Source: SEC EDGAR

accession 0001579684-23-000021

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.