Gannett Q2 revenue misses estimates

USA TODAY

31/07/2025 13:16

Overview

Gannett Q2 2025 revenue misses analyst expectations, declining 8.6% yr/yr

Co expands EBITDA margin to 11%, up from 8.8% in Q1

Company announces $100 mln cost reduction program to improve efficiency

Outlook

Company expects second-half digital revenue growth of 3%-5%

Gannett anticipates full-year digital revenue to be flat

Company forecasts total adjusted EBITDA growth for second half and full year

Gannett projects cash from operations to grow over 70% in second half

Initiates $100 mln cost reduction program to enhance efficiency and support growth

Result Drivers

DIGITAL ADVERTISING - Co reports a 4% increase in digital advertising trends, reversing previous quarter's decline

AI INITIATIVES - Co sees traction in AI initiatives, including licensing deal with Perplexity and launch of Taboola’s DeeperDive

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$584.86 mln
$593.10 mln (4 Analysts)
Q2 EPS
$0.42
Q2 Adjusted Net Income
$84.46 mln
Q2 Net Income
$78.39 mln
Q2 Adjusted EBITDA
$64.24 mln
Q2 Adjusted Free Cash Flow
$17.60 mln


Press Release: ID:nBw2VdbRma

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)