secwatch.observer — SEC 8-K summary
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Issuer:     USA TODAY Co., Inc. (TDAY)
CIK:        0001579684
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001579684-24-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579684/000157968424000006/0001579684-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579684/000157968424000006/gci-20240222.htm
  HTML page:      https://secwatch.observer/filing/0001579684-24-000006

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