Gannett (GCI) Misses Q3 EPS by 35c, Maintains Rev. Guidance

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Go back to Gannett (GCI) Misses Q3 EPS by 35c, Maintains Rev. Guidance

Gannett Announces Third Quarter 2022 Results and Reiterates Full Year Outlook

November 3, 2022 7:00 AM EDT

28.5% Digital-Only Paid Subscriber Growth Year-Over-Year to 1.98 million Paid Subscribers
Record High Digital Marketing Solutions Core Platform Revenues of $118.7 million
Repaid $24.3 million in Debt During the Quarter and $129.9 million of Debt Year-to-Date(1)

MCLEAN, Va.--(BUSINESS WIRE)-- Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the third quarter ended September 30, 2022.

The Company continues to respond decisively to the ongoing macroeconomic volatility and inflationary pressures. We continue to execute on $200 million to $240 million in... More