---
schema_version: "secwatch.filing_event.v1"
accession: "0001579684-24-000006"
form_type: "8-K"
ticker: "TDAY"
cik: "0001579684"
company_name: "USA TODAY Co., Inc."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T19:20:15.335461+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gannett Q4 net loss $22.9M vs prior profit; digital revenue grows 2.9% to 41.4% of total

## Summary
- Q4 total revenues $669.4M (-8.4% YoY); net loss $22.9M vs net income $32.8M in Q4 2022.
- Digital revenues $277.1M (41.4% of total), up 2.9%; digital-only sub rev $41.9M (+18.1%).
- Full-year 2023 debt repayments $141.6M; total debt $1,130.6M; First Lien Net Leverage 2.0x (from 2.7x).
- FY2024 outlook: digital rev +10%; total rev down low-mid single digits; Adj EBITDA growth.
- Mid-term 2025-26: digital rev >55% of total; total rev low single-digit growth; FCF CAGR 40%.

## SEC filing metadata
- accession: 0001579684-24-000006
- form_type: 8-K
- ticker: TDAY
- cik: 0001579684
- company_name: USA TODAY Co., Inc.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1579684/000157968424000006/0001579684-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579684/000157968424000006/gci-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579684-24-000006
- JSON: https://secwatch.observer/filing/0001579684-24-000006.json
- Plain text: https://secwatch.observer/filing/0001579684-24-000006.txt

## Key facts
- Earnings Releases
  USA TODAY Co., Inc. reported the fourth quarter ended December 31, 2023 results: revenue $669.4 million, net income Net loss attributable to Gannett of $22.9 million.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $669.4 million
  - Net income: Net loss attributable to Gannett of $22.9 million
  - Result: reported results
  source text: (8) of 30% • Free cash flow (6) is expected to grow at an accelerated rate with an estimated CAGR (6)(8) of 40% Additional Fourth Quarter 2023 Highlights: • Total revenues of $669.4 million decreased 8.4% compared to the fourth quarter of 2022 ◦ Same store revenues (6) decreased 8.0% compared to the fourth quarter of 2022, reflecting a sequential improvement of 40
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579684/000157968424000006/0001579684-24-000006-index.htm

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