Gannett: Q2 Earnings Snapshot

August 4, 2022 GMT

MCLEAN, Va. (AP) _ Gannett Co., Inc. (GCI) on Thursday reported a second-quarter loss of $53.7 million, after reporting a profit in the same period a year earlier.

The McLean, Virginia-based company said it had a loss of 39 cents per share. Losses, adjusted for non-recurring costs, came to 20 cents per share.

The newspaper company posted revenue of $748.7 million in the period.

Gannett expects full-year revenue in the range of $2.95 billion to $3 billion.

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