secwatch.observer — SEC 8-K summary
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Issuer:     USA TODAY Co., Inc. (TDAY)
CIK:        0001579684
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001579684-24-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gannett Q1 2024: Digital revenues 42% of total, net loss $84.8M includes $46M impairment
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- Total revenues $635.8M, down 5% YoY; net loss $84.8M includes ~$46M impairment from McLean facility exit.
- Total digital revenues $267.5M (42.1% of total), up 8.1% YoY; digital-only subscription revenues $43.5M (+21.3%).
- Adjusted EBITDA $57.6M (-8.4% YoY); free cash flow $9.5M, an improvement of $11.5M YoY.
- Digital-only paid subs topped 2.0M (+1.1% sequentially); digital ARPU $7.22, up 22.4% YoY.
- Company reiterates business outlook; expects to exit 2024 with total revenue growth year-over-year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579684/000157968424000029/0001579684-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579684/000157968424000029/gci-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001579684-24-000029

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