Gannett (GCI) Misses Q1 EPS by 94c

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Gannett Announces First Quarter 2021 Results

May 7, 2021 6:30 AM EDT

Strong first quarter Revenue and Adjusted EBITDA performance
Paid digital-only subscriptions surpass 1.2 million, an increase of 37% from the prior year period
Achieved $300 million of annualized synergies to date, ahead of targeted timeline

MCLEAN, Va.--(BUSINESS WIRE)-- Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the first quarter ended March 31, 2021.

The first quarter of 2021 was our best quarter to date for new digital-only subscriptions subsequent to the acquisition of Legacy Gannett,... More