STOCK TITAN

Gannett Co., Inc. - $GCI STOCK NEWS

Welcome to our dedicated page for Gannett Co. news (Ticker: $GCI), a resource for investors and traders seeking the latest updates and insights on Gannett Co. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gannett Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gannett Co.'s position in the market.

Rhea-AI Summary
Gannett Co., Inc. (NYSE: GCI) Announces Participation in UBS Global Media and Communications Conference on December 4, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
Tags
conferences
-
News
Rhea-AI Summary
Gannett Co., Inc. (NYSE: GCI) announced a $14.0 million repurchase of 6.00% first lien notes due November 1, 2026 for approximately $12.0 million, representing a discount to par value. The transaction is expected to close on November 17, 2023. This move is part of the company's strategy to opportunistically reduce debt and improve its capital structure, as outlined by Chairman and CEO Michael Reed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
none
-
Rhea-AI Summary
Gannett Co., Inc. (GCI) Announces Strategic Partnership with Home Solutions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.15%
Tags
none
Rhea-AI Summary
Gannett Co., Inc. reported its financial results for Q3 2023. Operating income was $34.9 million, while the net loss attributable to Gannett was $2.6 million. Adjusted EBITDA increased by 15% YoY to $59.5 million. Cash provided by operating activities was $20.6 million, with free cash flow of $7.4 million. Debt repayment amounted to $65.3 million, bringing the first lien net leverage below 2.0x. Total digital revenues surpassed 40% of total revenues, growing 3% YoY on a same-store basis. Gannett expects continued digital revenue growth in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.22%
Tags
-
Rhea-AI Summary
Gannett Co., Inc. to release Q3 2023 financial results on November 2nd
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.36%
Tags
-
Rhea-AI Summary
Jackpocket becomes official digital lottery courier of USA TODAY Network, reaching a broad audience and providing a convenient way to order lottery tickets from phones.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
Tags
none
Rhea-AI Summary
Gannett repurchased $15.0 million of 2026 Senior Notes for $13.1 million, receiving a discount to par value of 87.5%. The company received a waiver from lenders, reducing scheduled amortization payment by the repurchase amount. Gannett has repaid $115 million of debt YTD and aims to repay over $130 million by end of 2023, reducing first lien net leverage below 2.0x.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
Tags
none
-
Rhea-AI Summary
USA TODAY Sports launches the 2023 US LBM Coaches Poll in partnership with the AFCA. US LBM will sponsor the poll through 2026. The poll is voted on by AFCA-member Division I head coaches and results are published weekly. US LBM will present the US LBM AFCA Coaches’ Trophy to the team with the highest point total in the final poll. The sponsorship was organized by ISE. AFCA and USA TODAY Sports express excitement about the partnership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.76%
Tags
none
-
Rhea-AI Summary
Gannett CEO to participate in Citi's 2023 Global Technology Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.76%
Tags
conferences
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
partnership
Gannett Co., Inc.

NYSE:GCI

GCI Rankings

GCI Stock Data

548.88M
101.85M
9.23%
69.7%
10.66%
Newspaper Publishers
Information
Link
United States of America
PITTSFORD

About GCI

gannett is a leading media and marketing company with unparalleled local-to-national reach, successfully connecting consumers, communities and businesses. with the iconic usa today, 92 strong local media organizations in 33 states and guam, and with more than 160 local news brands online in the u.k., we provide rich content through hundreds of outstanding affiliated digital, mobile and print products. each month more than 95 million unique visitors access content from usa today and gannett’s local media organizations, putting the company squarely in the top 10 u.s. news and information category. u.s. newspapers add an additional audience of 9 million readers every weekday. utilizing innovations in technology, digital media and print publishing, our 360° storytelling is offered in markets all across the u.s. from local townships to the national stage, we keep readers informed with what interests them most. when their hometown celebrates, we all share in that joy. when the nation is