Gannett (GCI) Tops Q1 EPS by 18c, Offers Guidance

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Gannett Announces First Quarter 2023 Results and Raises Full Year Outlook

May 4, 2023 7:00 AM EDT

Net Income Attributable to Gannett of $10.3 million and Adjusted EBITDA(1) of $62.9 million
Digital-only Circulation Revenues of $35.8 million grew 19% Year-over-Year
Digital Marketing Solutions Core Platform Revenues(2) of $111.4 million, up 4% Year-over-Year

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, 2023.

"I'm excited to announce that our first quarter results reflect a solid start to the year. Despite facing what we believe will be the most challenging comparisons in 2023,... More