{"schema_version":"secwatch.filing_event.v1","accession":"0001579684-23-000031","form_type":"8-K","ticker":"TDAY","cik":"0001579684","company_name":"USA TODAY Co., Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.416854+00:00","generated_at":"2026-06-12T08:17:05.962082+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gannett Q2 2023: Adj. EBITDA +40% YoY to $71.2M; Raises full-year outlook","bullets":["Total revenues $672.4M (-10.2% YoY); same-store revenue -8.6%, a 70 bps sequential improvement.","Net loss attributable to Gannett narrowed to $12.7M from $53.7M; adjusted net loss $6.0M.","Digital revenues were $262.1M (39.0% of total), returning to growth; digital-only ARPU up 6% to $6.35.","Free cash flow $38.4M (+189% YoY); repaid $15M debt; first lien net leverage reduced to 2.26x.","Company raised full-year guidance for Adjusted EBITDA and free cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0001579684-23-000031","json":"https://secwatch.observer/filing/0001579684-23-000031.json","markdown":"https://secwatch.observer/filing/0001579684-23-000031.md","text":"https://secwatch.observer/filing/0001579684-23-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579684/000157968423000031/0001579684-23-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579684/000157968423000031/gci-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:17:05.962082+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a7e6fbc4a4c46ce0cef372ddad62d36e49538075","claim":"USA TODAY Co., Inc. reported the second quarter ended June 30, 2023 results: revenue $672.4 million, net income Net loss attributable to Gannett of $12.7 million. Guidance raised.","evidence_excerpt":"Net Loss Attributable to Gannett of $12.7 million • Adjusted EBITDA (1) of $71.2 million, up 40% Year-over-Year • Cash Provided by Operating Activities of $46.1 million, up 250% Year-over-Year, Free Cash Flow (1) of $38.4 million, up 189% Year-over-Year Total Digital Revenues returned to growth in Q2; expect further improvement to digital growth trend in Q3 Improving Digital-only subscription monetization; Digital-only ARPU (2) up 6% Year-over-Year to $6.35 DMS achieved record high core platform revenues (3) and ARPU (2) ; sequential improvement to customer count (2) MCLEAN, VA — August 3, 2023 — Gannett Co., Inc.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1579684/000157968423000031/0001579684-23-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$672.4 million"},{"label":"Net income","value":"Net loss attributable to Gannett of $12.7 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}