The Latest Breaking News from Gannett

Gannett Co Inc (NYSE:GCI) reported a first-quarter FY22 sales decline of 3.7% year-on-year to $748.08 billion, missing the consensus of $754.90 million. Same-store revenues decreased 2.5%. Publishing revenues were $670.4 million, and Digital Marketing Solutions revenues were $109.7 million. Advertising and marketing services revenues decreased 3.4%, while Circulation revenues declined 11.3%. Digital revenues…

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Gannett Co Inc (NYSE:GCI), owner of USA Today, misguided advertisers with inaccurate information for nine months, the Wall Street Journal reported. Gannett owns news outlets in 46 U.S. states, from the Arizona Republic to the Detroit Free Press, to the Palm Beach Post, and sells ad space through digital auctions. Gannett misguided…

Gannett Co Inc (NYSE:GCI) reported a fourth-quarter FY21 sales decline of 5.6% year-on-year, to $826.54 million, missing the consensus of $838.25 million. Same-store revenues decreased 4.3%. Advertising and marketing services revenues decreased 6.6%, while Circulation revenues declined 9.2%. Publishing revenues were $746.8 million (-6% Y/Y), and Digital Marketing Solutions revenues were $113.21 million…