secwatch.observer — SEC 8-K summary
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Issuer:     USA TODAY Co., Inc. (TDAY)
CIK:        0001579684
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001579684-23-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579684/000157968423000031/0001579684-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579684/000157968423000031/gci-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001579684-23-000031

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