Gannett (GCI) Misses Q2 EPS by 46c; Offers FY22 Revenue Guidance

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Go back to Gannett (GCI) Misses Q2 EPS by 46c; Offers FY22 Revenue Guidance

Gannett Announces Second Quarter 2022 Results & Updated Full Year Outlook

August 4, 2022 6:30 AM EDT

35% Digital-Only Paid Subscriber Growth Year-Over-Year to 1.87 million Paid Subscribers

Record High Digital Marketing Solutions Core Platform Revenues of $116.4 million, up 11.2% Year-over-Year

Total Digital Revenues of $261.8 million, or 35% of Total Revenues Grew 1.5% Over Prior Year Same Store

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, 2022.

Our second quarter results and updated full year outlook reflect industry-wide headwinds in digital... More