USA TODAY Q2 revenue falls 8%, misses estimates

USA TODAY

06/08/2026 13:13

((This story was generated using AI and automation, please see
disclaimer https://bit.ly/rtrsnai))
Overview
    * US media and digital marketing firm's Q2 revenue fell 8% yr/yr, missing analyst expectations
    * Company delivered positive net income for second consecutive qtr, with reduced operating expenses
    * USA TODAY Co reiterated full-year outlook, expecting digital revenue and net income growth

Outlook
    * USA TODAY Co. reiterates full-year 2026 outlook for flat to low single-digit decline in same-store revenues
    * Company expects total digital revenues to grow and comprise 50%+ of total revenues in 2026
    * USA TODAY Co. projects growth in net income, adjusted EBITDA, operating cash flow and free cash flow for 2026

Result Drivers
    * OPERATING EXPENSE REDUCTION - Co said positive net income was driven by an 8% yr/yr reduction in operating expenses
    * DIGITAL SUBSCRIPTION GROWTH - Digital-only subscription revenues grew yr/yr for second consecutive qtr, with record-high digital-only ARPU
    * DIGITAL OTHER REVENUE EXPANSION - Digital other revenues also grew yr/yr, with expectations for continued expansion as content licensing partnerships and commerce opportunities broaden

Company press release:  ID:nBw2BkS5Da 
Key Details
 Metric    Beat/Mis  Actual    Consensu
           s                   s
                               Estimate
 Q2        Miss      $536.34   $546.66
 Revenue             mln       mln (5
                               Analysts
                               )
 Q2                  $11.03     
 Adjusted            mln       
 Net                           
 Income                        
 Q2 Net              $9.13      
 Income              mln       
 Q2                  $56.89     
 Adjusted            mln       
 EBITDA                        
 Analyst Coverage
    * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"
    * The average consensus recommendation for the consumer publishing peer group is "buy"
    * Wall Street's median 12-month price target for USA TODAY Co Inc is $10.00, about 15.5% above its August 5 closing price of $8.66
    * The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 53 three months ago

Reuters Recommended Reads
    * Aug 6 - Canada's Yellow Pages Q2 revenue falls on print and digital declines
    * Aug 5 - New York Times Q2 revenue beats on digital subscription growth
    * Aug 6 - Lee Enterprises swings to profit in Q3 on cost controls, lower interest expense

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact .

(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.)