Gannett Q2 revenue misses estimates
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 |
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