Ultime notizie per Gannett Co (NYSE:GCI) Azioni

Gannett Co

Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The group operates in three segments, Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The majority of revenue is from the Domestic Gannett Media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream, and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest, providing more than 150 local media brands.

Gannett Co Inc

GC INTERNATIONAL INC by GC International, Inc.

Gannett Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCI#NYSE">GCI</a>) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.03) by 200 percent. This is a 65.38 percent increase over losses of $(0.26) per share from the same period last year. The company reported quarterly sales of $571.57 million which missed the analyst consensus estimate of $593.10 million by 3.63 percent. This is a 10.10 percent decrease over sales of $635.76 million the same period last year.

Earnings

Earnings Misses

News

Gannett Co Q1 Adj. EPS $(0.09) Misses $(0.03) Estimate, Sales $571.57M Miss $593.10M Estimate

Guidance

Gannett Reaffirmed FY25 Guidance For Total Revenues To Be Down In The Low Single Digits On A Same Store Basis

Gannett Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCI#NYSE">GCI</a>) reported quarterly sales of $571.57 million which missed the analyst consensus estimate of $593.10 million by 3.63 percent. This is a 10.10 percent decrease over sales of $635.76 million the same period last year.

Gannett Co Q1 Sales $571.57M Miss $593.10M Estimate

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Earnings Scheduled For May 1, 2025

<a href="https://www.globenewswire.com/Tracker?data=FmBVnEeQ5ns31c1qJGVzwDeol_7bZ4xAnLpVriCfTaBC8Iq7vUMypSUJFmOCIJbdnFFdJJBbtQDkObNy19hzqQ==">Taboola</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBLA#NASDAQ">TBLA</a>), a global leader in delivering performance at scale for advertisers, today announced an update to its long-term partnership with <a href="https://www.globenewswire.com/Tracker?data=5FKpux4zKtmpqmh4iWkGK2O98iX029m_r1qkolVVmXyN4-EGb8eU2dtmfsNoLHNlRxd8xHrqGgJkYpsoXqTKqPHA2c-QjZvtPXfCLg20jxA=">Gannett Co. Inc</a>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCI#NYSE">GCI</a>), a diversified media company with expansive reach across the country including USA TODAY and over 200 local publications throughout the USA TODAY Network.
Since 2013, Taboola has partnered with Gannett by powering recommendations across Gannett's digital properties. Now, as part of Taboola's expansion beyond native and into performance, Taboola has deepened its partnership with Gannett to offer performance advertisers access to display inventory on Gannett properties with <a href="https://www.globenewswire.com/Tracker?data=cPmvviGa7zoEtoiJoctWq0G1JfjjwjVhPSy5XJU3gL7z0hvMxVDQYAmgUM4SIwcPb3nEn_lvIDrObU9NJ2zTyNtouUnkKKs4tmXJtZ-c7_7LArjcpecxTWLDy2YNDD8p">Realize</a>.
For the first time ever, Realize allows advertisers to tap into display and even more parts of Taboola's large network of publishers, apps and OEMs. Realize is powered by an AI performance engine that finds the best opportunities for campaigns across Taboola's network of trusted publishers and apps. This AI performance engine is powered by the unique data advantage of Taboola's code-on-page integrations with publishers, giving it signal unlike any other open web platform to use when optimizing and placing ads.
"We're proud to work closely with Taboola and look forward to expanding our relationship further through Realize," said Tim Wolfe, Senior Vice President of Revenue Operations at Gannett. "Our long-standing collaboration has shown them to be a strategic partner across the board, driving audience development, engagement, and monetization."
"We've had a long and productive history working with Gannett, partnering closely for mutual growth," said Adam Singolda, CEO of Taboola. "Through this expanded partnership, we're providing performance advertisers with greater access to drive results on trusted sites, using Realize. Our deepened partnership with Gannett is yet another proof point of how we're combining the best first-party data, AI, and distribution capabilities that performance advertisers need." &nbsp;

Contracts

TBLA

Taboola Expands Its Long-Term Partnership With Gannett Offering Performance Advertisers Access To Display Inventory On Gannett Properties With Realize

<h3>Gainers</h3>
<ul>
<li>Motorsport Games (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSGM#NASDAQ">MSGM</a>) shares increased by 50.9% to $1.69 during Thursday's regular session. The market value of their outstanding shares is at $5.3 million. </li>
<li>Gannett Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCI#NYSE">GCI</a>) stock moved upwards by 21.44% to $3.59. The company's market cap stands at $529.7 million. </li>
<li>Kuke Music Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KUKE#NYSE">KUKE</a>) stock rose 15.08% to $4.35. The market value of their outstanding shares is at $31.1 million. </li>
<li>Magnite (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNI#NASDAQ">MGNI</a>) shares moved upwards by 11.91% to $11.08. The company's market cap stands at $1.5 billion. </li>
<li>CuriosityStream (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURI#NASDAQ">CURI</a>) stock moved upwards by 10.99% to $3.23. The company's market cap stands at $186.1 million. </li>
<li>Trump Media &amp; Tech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares rose 10.04% to $21.72. The company's market cap stands at $4.7 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>iOThree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOTR#NASDAQ">IOTR</a>) stock decreased by 35.6% to $1.19 during Thursday's regular session. The company's market cap stands at $30.5 million. </li>
<li>BloomZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMZ#NASDAQ">BLMZ</a>) shares fell 15.03% to $0.14. The market value of their outstanding shares is at $2.0 million. </li>
<li>Treasure Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGL#NASDAQ">TGL</a>) stock fell 14.44% to $3.26. The market value of their outstanding shares is at $5.3 million. </li>
<li>Scienjoy Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJ#NASDAQ">SJ</a>) stock decreased by 12.78% to $0.85. The market value of their outstanding shares is at $35.4 million. </li>
<li>Brag House Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBH#NASDAQ">TBH</a>) shares decreased by 9.88% to $0.63. The company's market cap stands at $6.7 million. </li>
<li>Cheer Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHR#NASDAQ">CHR</a>) stock decreased by 9.84% to $1.1. The company's market cap stands at $12.7 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Thursday's Intraday Session

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Shares of companies within the broader communication services sector are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

Management

Gannett Appoints Trisha Gosser As CFO; Douglas Horne To Step Down As CFO, Both Effective March 18, 2025

Citizens Capital Markets analyst Matthew Condon reiterates Gannett Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCI#NYSE">GCI</a>) with a Market Outperform and maintains $6 price target.

Price Target

Reiteration

Analyst Ratings

Citizens Capital Markets Reiterates Market Outperform on Gannett Co, Maintains $6 Price Target

Gannett Says Well Positioned To Further Improve Capital Structure In 2025; Expects To Repay Well Over $100M Of Debt Through Asset Sales And Continued Free Cash Flow Growth

As a result of this prepayment, the company has reduced its first lien debt from $850.0 million to $792.5 million during the first quarter of 2025.
The debt repayment was funded with the proceeds from the sale of the Austin-American Statesmen that was completed on February 28, 2025, as well as cash on hand.

Gannett Says It Prepaid Approximately $57.5M On Its Five-year First Lien Term Loan Facility

Gannett Sees FY25 Revenues To Be Down In The Low Single Digits

Gannett Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCI#NYSE">GCI</a>) reported quarterly adjusted earnings of $0.07 per share which beat the analyst consensus estimate of $(0.02) by 450 percent. This is a 153.85 percent increase over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $621.27 million which missed the analyst consensus estimate of $635.09 million by 2.18 percent. This is a 7.19 percent decrease over sales of $669.40 million the same period last year.

Earnings Beats

Gannett Co Q4 Adj $0.07 Beats $(0.02) Estimate, Sales $621.27M Miss $635.09M Estimate

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Earnings Scheduled For February 20, 2025

Hearst to acquire the Austin American-Statesman
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.gannett.com%2F&amp;esheet=54209822&amp;newsitemid=20250219811531&amp;lan=en-US&amp;anchor=Gannett+Co.%2C+Inc.&amp;index=1&amp;md5=88766ce1a9fd2941da0ef7ecf50c3f6a">Gannett Co., Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCI#NYSE">GCI</a>) has entered into an asset purchase agreement with <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.hearst.com%2F&amp;esheet=54209822&amp;newsitemid=20250219811531&amp;lan=en-US&amp;anchor=Hearst&amp;index=2&amp;md5=87252e197cbd6ded4aed226a3e1eb9c1">Hearst</a>, a leading global diversified information services and media company, to divest the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.statesman.com%2F&amp;esheet=54209822&amp;newsitemid=20250219811531&amp;lan=en-US&amp;anchor=Austin+American-Statesman&amp;index=3&amp;md5=f31550ee0a26a6d0f006fd3814e79710">Austin American-Statesman</a>from the USA TODAY Network portfolio of over 200 local publications across the country.
The award-winning Austin American-Statesman is a trusted source for exceptional journalism and a pillar in the Austin community, serving local businesses and brands with innovative strategies and solutions. Founded in 1871, the Statesman has been named Texas Newspaper of the Year three times by the Texas Associated Press Managing Editors and more recently was recognized as a 2023 Public Service Pulitzer Prizes finalist and a 2024 Edward R. Murrow Award winner.

Gannett Announces Asset Purchase Agreement With Hearst, To Divest The Austin American-Statesman From The USA TODAY Network Portfolio; No Financial Terms Disclosed

JMP Securities analyst Aaron Kimson reiterates Gannett Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCI#NYSE">GCI</a>) with a Market Outperform and maintains $6 price target.

JMP Securities Reiterates Market Outperform on Gannett Co, Maintains $6 Price Target

Gannett shares are trading lower after the company reported worse-than-expected Q3 financial results.

Gannett Says Total Digital Revenues Are Expected To Accelerate With Growth Exceeding 10% YoY And Are Expected To Make Up 50% Of Total Revenues In 2025 And Exceed 55% Of Total Revenues In 2026

Gannett Sees FY24 Total Digital Revenues Growing 6-7% On A Same-Store Bases, Total Revenues Expected Down Low To Mid-Single Digits On Reported And Same Store Basis

Press Releases

LocaliQ Announces George Schoenstein as Chief Marketing Officer

Gannett Announces Additional Debt Reduction

Trisha Gosser Appointed Gannett Chief Financial Officer

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