earnings
confidence high
sentiment positive
materiality 0.75
Gannett Q4 net income $64.3M; adjusted EBITDA up 5.5%; digital revenues 45% of total
USA TODAY Co., Inc.
2024-FY EPS reported
-$0.18
revenue$2,509,315,000
- Q4 total revenue $621.3M (-7.2% YoY); same-store down 5.5% (improving 250 bps).
- Net income attributable to Gannett $64.3M (10.4% margin); adjusted net income $38.3M (+$56.5M YoY).
- Adjusted EBITDA $78.2M (+5.5%); margin 12.6% (+150 bps); free cash flow $3.8M.
- Digital revenues $280.4M (+1.2%; same-store +3.4%); digital-only subs +17.0%; digital ad rev +1.7%.
- Repaid $73.5M debt in 2024; refinancing extended maturities; FY2025 guidance reaffirmed (rev $290-310M, Adj EBITDA $90-100M).