---
schema_version: "secwatch.filing_event.v1"
accession: "0001579684-23-000040"
form_type: "8-K"
ticker: "TDAY"
cik: "0001579684"
company_name: "USA TODAY Co., Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:18:00.535430+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gannett Q3 net loss narrows to $2.6M; Adj EBITDA up 15% YoY; repaid $65M debt

## Summary
- Net loss attributable to Gannett of $2.6M improved $51.5M from $54.1M loss in Q3 2022.
- Adjusted EBITDA of $59.5M, up 14.7% YoY; margin expanded 190 bps to 9.1%.
- Total revenues $652.9M, down 9.1% YoY; digital revenues $263.6M (40.4% of total), up 2.7% same-store YoY.
- Repaid $65.3M in debt; first lien net leverage below 2.0x; cash balance $109M.
- Free cash flow $7.4M; 'updated full year outlook' noted but no specific guidance figures provided.

## SEC filing metadata
- accession: 0001579684-23-000040
- form_type: 8-K
- ticker: TDAY
- cik: 0001579684
- company_name: USA TODAY Co., Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579684/000157968423000040/0001579684-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579684/000157968423000040/gci-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579684-23-000040
- JSON: https://secwatch.observer/filing/0001579684-23-000040.json
- Plain text: https://secwatch.observer/filing/0001579684-23-000040.txt

## Key facts
- Earnings Releases
  USA TODAY Co., Inc. reported the third quarter ended September 30, 2023 results: revenue $652.9 million, net income Net loss attributable to Gannett of $2.6 million.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $652.9 million
  - Net income: Net loss attributable to Gannett of $2.6 million
  - Result: reported results
  source text: areas in 2024 and beyond, and remain optimistic about creating sustainable growth and significant value for our shareholders." Third Quarter 2023 Highlights: • Total revenues of $652.9 million decreased 9.1% compared to the third quarter of 2022 ◦ Same store revenues (1) decreased 8.4% compared to the third quarter of 2022, as compared to a decrease of 8.6% in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579684/000157968423000040/0001579684-23-000040-index.htm

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