Gannett rises on surprise Q4 profit
** Shares of U.S. newspaper chain Gannett GCI.N gain 2.5%
to $4.92 premarket
** GCI reports surprise EPS of 11 cents in Q4, vs. analysts'
estimate of loss of 12 cents, according to data compiled by LSEG
** Co's Q4 revenue declines 7.2% to $621.3 mln and misses
estimate of $635.1 mln
** Up to last close, stock has more than doubled in past 12
months
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))
Recent news on USA TODAY
See all newsNYT, Economist among publishers joining coalition to curb unpaid AI use
USA Today sues OpenAI for copyright infringement over AI training
Brief: Lee Enterprises & USA Today Co. Realign Local Newspaper Portfolios
Brief: USA Today Is Cutting Staff As Part Of A Reorganization Of Its Audience Team- NYT Reporter On X
USA TODAY Q2 revenue falls 8%, misses estimates