secwatch.observer — SEC 8-K summary
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Issuer:     USA TODAY Co., Inc. (TDAY)
CIK:        0001579684
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001579684-25-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gannett Q2 net income $78.4M, margin 11%; unveils $100M cost reduction program
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- Q2 revenue $584.9M (-8.6% YoY); same-store revenue -6.4%, improvement of 130 bps from Q1.
- Net income attributable to Gannett $78.4M (13.4% margin); adjusted net income $84.5M.
- Total Adjusted EBITDA $64.2M (11.0% margin), up 220 bps sequentially from Q1 margin of 8.8%.
- Repaid $23.4M debt in Q2; YTD ~$100M, on track to exceed $135M by year-end.
- Implementing $100M annualized expense reduction; expects Total Adjusted EBITDA growth in H2 2025 and FY2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579684/000157968425000061/0001579684-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579684/000157968425000061/gci-20250731.htm
  HTML page:      https://secwatch.observer/filing/0001579684-25-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer