Gannett (GCI) Tops Q1 EPS by 12c

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Go back to Gannett (GCI) Tops Q1 EPS by 12c

Gannett Reports First Quarter 2016 Results of Operations

April 27, 2016 8:30 AM EDT

Revenue trends improved

GAAP Diluted Earnings Per Share of $0.26, Adjusted Diluted Earnings Per Share of $0.29

Higher Operating Margin and Adjusted EBITDA Margin

MCLEAN, Va.--(BUSINESS WIRE)-- Gannett Co., Inc. (NYSE: GCI) ("Gannett" or "company" or "we") today reported first quarter 2016 results of operations.

Recent highlights include:

Improved revenue trends over 2015. Operating income of $47.5 million. Adjusted EBITDA of $77.6 million. Adjusted EBITDA margin of 11.8% improved 186 basis points over prior year. Accelerated production and distribution efficiencies.... More