NYSE:GCI

Gannett to Present at the 19th Annual Needham Technology, Media, & Consumer Conference

Retrieved on: 
Thursday, May 9, 2024

Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that it will present virtually at the 19th Annual Needham Technology, Media, & Consumer Conference on Thursday, May 16, 2024 at 3:45 pm ET.

Key Points: 
  • Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that it will present virtually at the 19th Annual Needham Technology, Media, & Consumer Conference on Thursday, May 16, 2024 at 3:45 pm ET.
  • Presenters will include its Chairman and Chief Executive Officer, Michael Reed, and its Chief Financial Officer, Doug Horne.
  • The video webcast of the conference will be accessible through the Investor Relations section of our website under the News and Events – Event Calendar section and will remain archived there for 90 days from the respective date of the presentation.

Gannett Announces First Quarter 2024 Results and Reiterates Business Outlook

Retrieved on: 
Thursday, May 2, 2024

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the first quarter ended March 31, 2024.
  • "Our first quarter results reflect an excellent start to the year.
  • Year-over-year revenue trends were a bright spot in the quarter, reflecting the most pronounced sequential improvement in nearly three years.
  • This top line momentum gives us confidence in our belief that we'll exit 2024 with total revenues growing over the prior year.

Gannett Schedules First Quarter 2024 Results

Retrieved on: 
Thursday, April 18, 2024

Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its first quarter 2024 financial results on Thursday, May 2, 2024, prior to the opening of the New York Stock Exchange.

Key Points: 
  • Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its first quarter 2024 financial results on Thursday, May 2, 2024, prior to the opening of the New York Stock Exchange.
  • Management will host a conference call on Thursday, May 2, 2024 at 8:30 A.M. Eastern Time to review the financial and operating results for the period.
  • A copy of the earnings release will be posted to the Investor Relations section of Gannett’s website, investors.gannett.com.
  • The conference call may be accessed by dialing 1-888-506-0062 (from within the U.S.) or 1-973-528-0011 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference “Gannett First Quarter Earnings Call” or access code “207142”.

Gannett Announces Nomination of Independent Candidate to Board of Directors

Retrieved on: 
Friday, March 29, 2024

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today announced that its Board of Directors has nominated Maha Al-Emam , a former advisor for Warner Bros.

Key Points: 
  • Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today announced that its Board of Directors has nominated Maha Al-Emam , a former advisor for Warner Bros.
  • If elected, Ms. Al-Emam will join the Board of Directors as of such date.
  • In addition, Maria M. Miller will not stand for re-election at Gannett's 2024 Annual Meeting of Stockholders.
  • View the full release here: https://www.businesswire.com/news/home/20240329194029/en/
    “We are pleased to announce Maha’s nomination and excited at the prospect of welcoming her to the Board,” said Michael Reed, Chairman and Chief Executive Officer of Gannett.

Gannett Announces Further Debt Reduction

Retrieved on: 
Tuesday, March 26, 2024

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today it will repurchase approximately $13.0 million of 6.00% first lien notes due November 1, 2026 (the "2026 Senior Notes") for approximately $12.0 million, representing a discount to par value.

Key Points: 
  • Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today it will repurchase approximately $13.0 million of 6.00% first lien notes due November 1, 2026 (the "2026 Senior Notes") for approximately $12.0 million, representing a discount to par value.
  • The transaction is expected to close on March 28, 2024.
  • "By working with our lenders, we are continuing to opportunistically take out senior notes below par value, and this latest repurchase builds upon the agreements announced in November and September of 2023," said Michael Reed, Chairman and Chief Executive Officer.
  • "We expect debt reduction and improvement in our capital structure to remain our primary use of capital allocation, and as a result, we expect to repay at least $110 million in 2024 through non-strategic asset dispositions and continued free cash flow improvement."

LocaliQ Achieves SOC 2 Type II Compliance Certification

Retrieved on: 
Tuesday, March 12, 2024

LocaliQ , Gannett Co., Inc. ’s (NYSE: GCI) Digital Marketing Solutions (DMS) business, successfully achieved Service Organization Controls (SOC) 2 Type II audit and certification, which validates LocaliQ’s robust controls, effective risk management and adherence to industry best practices.

Key Points: 
  • LocaliQ , Gannett Co., Inc. ’s (NYSE: GCI) Digital Marketing Solutions (DMS) business, successfully achieved Service Organization Controls (SOC) 2 Type II audit and certification, which validates LocaliQ’s robust controls, effective risk management and adherence to industry best practices.
  • LocaliQ is an all-in-one marketing platform used by local businesses across the country to attract, convert and retain customers.
  • Obtaining SOC 2 Type II certification demonstrates rigorous safeguards protecting clients’ sensitive information and reassures stakeholders that client data is in capable hands.
  • “After an extensive auditing process, we are proud that LocaliQ is a SOC 2 Type II certified company,” said Chris Cho, President of Digital Marketing Solutions at Gannett.

Gannett to Participate at Deutsche Bank 32nd Annual Media, Internet, & Telecom Conference

Retrieved on: 
Monday, March 4, 2024

Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chief Financial Officer, Doug Horne, will participate at the following conference:

Key Points: 

Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chief Financial Officer, Doug Horne, will participate at the following conference:
Deutsche Bank 32nd Annual Media, Internet, & Telecom Conference

USA TODAY Announces the 2024 Women of the Year in Honor of Women’s History Month

Retrieved on: 
Thursday, February 29, 2024

USA TODAY , part of Gannett Co., Inc. (NYSE: GCI), announced the 2024 Women of the Year honorees who are using their influence to empower women to lead the next generation.

Key Points: 
  • USA TODAY , part of Gannett Co., Inc. (NYSE: GCI), announced the 2024 Women of the Year honorees who are using their influence to empower women to lead the next generation.
  • Throughout the year, USA TODAY seeks candidates from various industries and diverse walks of life who accomplish the unimaginable – personally and professionally.
  • USA TODAY’s Women of the Year lead and fight for equity while providing hope and inspiration to others.
  • The 2024 USA TODAY Women of the Year program is sponsored by UKG , a leading human resources solutions and workforce management company.

Monica Richardson Appointed USA TODAY Senior Vice President

Retrieved on: 
Friday, February 23, 2024

Gannett Co., Inc. (NYSE: GCI) today announced Monica R. Richardson will join Gannett to lead USA TODAY ’s award-winning newsroom as Senior Vice President effective April 1.

Key Points: 
  • Gannett Co., Inc. (NYSE: GCI) today announced Monica R. Richardson will join Gannett to lead USA TODAY ’s award-winning newsroom as Senior Vice President effective April 1.
  • Reporting to the Chief Content Officer, Richardson will work closely to extend the reach of the Nation’s Newspaper and invigorate USA TODAY’s portfolio.
  • Richardson most recently served as Vice President of Local News and Large Markets for McClatchy.
  • View the full release here: https://www.businesswire.com/news/home/20240223710950/en/
    Monica Richardson, USA TODAY Senior Vice President (Photo: Business Wire)
    As a seasoned professional with a proven 30-year long track record of devising strategies for digital audience growth and leading cross divisional collaborations, Richardson is primed to spearhead dramatic and long-term growth across the enterprise.

Gannett Announces 2023 Results and Business Outlook

Retrieved on: 
Thursday, February 22, 2024

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the fourth quarter ended December 31, 2023.

Key Points: 
  • Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the fourth quarter ended December 31, 2023.
  • Our digital-only subscription revenues surpassed $150 million in 2023, with total digital-only average revenue per user reaching a new high.
  • As these results show, we are building momentum toward a sustainable digital growth business, with a strong balance sheet."
  • For the full year 2023, the Company repaid $141.6 million of debt
    The Company presents its full year 2024 outlook and its mid-term outlook over the course of 2025 and 2026 below.