Gannett Q1 revenue down 10.1% but net loss improves $77.4M; reaffirms FY outlook

USA TODAY Co., Inc.

2025-Q1 EPS reported -$0.05 revenue$571,573,000

Total revenue $571.6M (down 10.1% YoY; same-store -7.7%) from asset sales.
Net loss attributable to Gannett -$7.3M, improved $77.4M vs prior year.
Adjusted EBITDA $50.5M; free cash flow $10.2M, up 7.6% YoY.
Repaid ~$75M debt in Q1; cash and cash equivalents $85.9M at quarter end.
Digital unique visitors 195M (+4.7%); digital revenues $250.4M; reaffirms 2025 outlook.

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