Gannett (GCI) Reports Q2 Loss Per Share of $3.32

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Go back to Gannett (GCI) Reports Q2 Loss Per Share of $3.32

Gannett Announces Second Quarter 2020 Results

August 6, 2020 6:30 AM EDT

Implemented $160 million in annualized synergies year to date

Ended the quarter with $159 million of cash and cash equivalents

Digital-only subscribers grew 31% from the prior year to 927,000

MCLEAN, Va.--(BUSINESS WIRE)--

Gannett Co., Inc. ("Gannett", "we", "us", "our", or "the Company") (NYSE: GCI) today reported its financial results for the second quarter ended June 30, 2020. Prior to November 19, 2019, our corporate name was New Media Investment Group Inc. ("New Media" or "Legacy New Media"), and Gannett Co., Inc. ("Legacy Gannett")... More