---
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"
generated_at: "2026-06-12T08:17:05.962082+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gannett Q2 2023: Adj. EBITDA +40% YoY to $71.2M; Raises full-year outlook

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579684-23-000031
- JSON: https://secwatch.observer/filing/0001579684-23-000031.json
- Plain text: https://secwatch.observer/filing/0001579684-23-000031.txt

## Key facts
- Earnings Releases
  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.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $672.4 million
  - Net income: Net loss attributable to Gannett of $12.7 million
  - Guidance: raised
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1579684/000157968423000031/0001579684-23-000031-index.htm

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