Gannett (GCI) Tops Q1 EPS by 4c

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Gannett Co., Inc. Reports 2015 First Quarter Non-GAAP Earnings per Share of $0.49 and 14% Increase in Adjusted EBITDA

April 21, 2015 8:15 AM EDT

Highlights for the quarter include the following:

Earnings totaled $0.49 per diluted share on a GAAP and a non-GAAP basis, driven by strong Broadcast and Digital Segment results Overall company revenue growth of 5 percent, also driven by strong Broadcast and Digital Segment results Record first quarter Broadcasting Segment revenue increased 4 percent, more than overcoming the absence of $51 million of Olympic and political revenue that benefited the first quarter of 2014 Record first quarter Digital Segment revenue increased 85 percent and 10 percent on a pro forma basis, on... More