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
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.)