Gannett Co Inc (GCI) Reports Digital Revenue Growth Amidst Overall Revenue Decline [Yahoo! Finance]
Gannett Co., Inc. (GCI)
Last gannett co., inc. earnings: 11/4 06:55 am
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Source: Yahoo! Finance
Net Loss : Reported a net loss of $22.9 million in Q4 2023, compared to a net income of $32.8 million in Q4 2022. Adjusted EBITDA : Decreased by 18.0% year-over-year to $74.1 million in Q4 2023. Debt Repayment : Repaid $141.6 million of debt in 2023, significantly reducing leverage. Free Cash Flow : Improved by $14.4 million year-over-year to $12.7 million in Q4 2023. 2024 Outlook : Expects total digital revenues to grow by approximately 10%, with further revenue and free cash flow growth. Warning! GuruFocus has detected 4 Warning Signs with GCI. Gannett Co Inc ( NYSE:GCI ) released its 8-K filing on February 22, 2024, detailing its financial results for the fourth quarter ended December 31, 2023. The company, known for its digital newspaper services and marketing solutions, including prominent brands like USA TODAY and over 250 daily newspapers, faced a challenging year with a mix of achievements and setbacks. Company Overview Gannett Co Inc operates through two segm
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News
- Gannett Co., Inc. (NYSE:GCI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Gannett Announces First Quarter 2024 Results and Reiterates Business Outlook [Yahoo! Finance]Yahoo! Finance
- Gannett Announces First Quarter 2024 Results and Reiterates Business OutlookBusiness Wire
- Gannett Schedules First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Gannett Schedules First Quarter 2024 ResultsBusiness Wire
GCI
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/24/24 - Form ARS
- GCI's page on the SEC website