Edition:
United States

Gannett Co Inc (GCI.N)

GCI.N on New York Stock Exchange

11.49USD
21 May 2018
Change (% chg)

-- (--)
Prev Close
$11.49
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
387,271
52-wk High
$12.37
52-wk Low
$7.42

Latest Key Developments (Source: Significant Developments)

Gannett To Acquire Digital Marketing Software Company Wordstream
Thursday, 10 May 2018 06:55am EDT 

May 10 (Reuters) - Gannett Co Inc ::GANNETT TO ACQUIRE DIGITAL MARKETING SOFTWARE COMPANY WORDSTREAM, INC..GANNETT CO INC - PURCHASE PRICE IS $130 MILLION IN CASH.GANNETT CO INC - ANTICIPATES TRANSACTION WILL BE ACCRETIVE IN FIRST FULL YEAR OF OPERATIONS AND FUNDED FROM BORROWINGS UNDER COMPANY'S REVOLVER.GANNETT CO INC - IN FIRST YEAR, WORDSTREAM IS FORECASTED TO CONTRIBUTE APPROXIMATELY $55 MILLION IN DIGITAL MARKETING SERVICES REVENUE.GANNETT CO INC - IN FIRST YEAR, WORDSTREAM IS FORECASTED TO CONTRIBUTE APPROXIMATELY $16 MILLION OF ADJUSTED EBITDA.GANNETT CO INC - ALONG WITH PURCHASE PRICE, AGGREGATE $20 MILLION EARNOUT ALSO PAYABLE IN 2019 AND 2020 BASED ON ACHIEVING CERTAIN REVENUE TARGETS.  Full Article

Gannett Announces Proposed Offering Of $175 Mln Of Convertible Senior Notes
Tuesday, 3 Apr 2018 04:05pm EDT 

April 3 (Reuters) - Gannett Co Inc ::GANNETT ANNOUNCES PROPOSED OFFERING OF $175 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2024.GANNETT WILL NOT BE ABLE TO REDEEM NOTES PRIOR TO APRIL 15, 2022.INTENDS TO USE NET PROCEEDS FROM OFFERING TO REPAY BORROWINGS UNDER ITS REVOLVING CREDIT FACILITY.  Full Article

Nicole Carroll Named USA TODAY Editor In Chief
Wednesday, 14 Feb 2018 12:02pm EST 

Feb 14 (Reuters) - ‍USA TODAY::NICOLE CARROLL NAMED USA TODAY EDITOR IN CHIEF.‍USA TODAY - ANNOUNCED NICOLE CARROLL WILL BECOME EDITOR IN CHIEF OF USA TODAY EFFECTIVE MARCH 2018​.  Full Article

Gannett ‍announces organizational changes
Monday, 13 Nov 2017 06:55am EST 

Nov 13 (Reuters) - Gannett Co Inc :Gannett - ‍announced organizational change to align co's focus on 2 primary businesses: marketing solutions and consumer​.Gannett - ‍Kris Barton has been named chief product officer, usa today network​.Gannett - ‍gannett publishing services will report to ali engel, svp, CFO and treasurer at gannett​.Gannett - ‍Kevin Gentzel's role as chief revenue officer will expand to leading all advertising, marketing solutions revenue in north america​.Gannett - ‍Sharon Rowlands, ceo of reachlocal, to lead marketing solutions business​.Gannett Co Inc - ‍Maribel Perez Wadsworth, who has been named president, USA today network to lead consumer business​.  Full Article

Gannett sees FY 2017 revenue $3.15 bln to $3.22 bln
Thursday, 2 Nov 2017 06:55am EDT 

Nov 2 (Reuters) - Gannett Co Inc ::Gannett reports third quarter 2017 results of operations.Sees FY 2017 revenue $3.15 billion to $3.22 billion.Q3 revenue $744.3 million versus I/B/E/S view $766.5 million.Gannett Co Inc - qtrly ‍​earnings per share $0.20.Gannett Co Inc- ‍reiterates its prior revenue guidance for 2017 of $3.15 billion to $3.22 billion and adjusted EBITDA guidance for 2017 for $360 million to $365 million​.Gannett Co Inc sees ‍FY 2017 capital expenditures of about $60 million to $65 million, not including real estate projects​.Gannett Co Inc - qtrly ‍adj earnings per share $0.16​.FY2017 revenue view $3.16 billion -- Thomson Reuters I/B/E/S.  Full Article

Gannett Co Inc Q2 earnings per share $0.00
Thursday, 3 Aug 2017 06:55am EDT 

Aug 3 (Reuters) - Gannett Co Inc :Gannett reports second quarter 2017 results of operations.Q2 revenue $774.5 million versus i/b/e/s view $790.7 million.Gannett co inc says company maintains its prior revenue guidance for 2017 of $3.15 billion to $3.22 billion.Gannett co inc qtrly earnings per share $0.00.Gannett co inc says adjusted ebitda guidance for full year 2017 is now expected in range of $360 million to $365 million.Sees 2017 capital expenditures of approximately $65 to $70 million.Gannett co inc says publishing segment operating revenues in q2 were $692.2 million compared to $748.1 million in prior year quarter.Qtrly total operating revenues $774.5 million versus $748.8 million.  Full Article

Gannett ‍enters strategic partnership with RealMatch​
Tuesday, 25 Jul 2017 10:00am EDT 

July 25 (Reuters) - Gannett Co Inc ::Enters strategic partnership with RealMatch to expand recruitment advertising services​.  Full Article

Gannett sets regular quarterly cash dividend of $0.16/shr
Thursday, 20 Jul 2017 08:04pm EDT 

July 20 (Reuters) - Gannett Co Inc :Sets regular quarterly cash dividend of $0.16 per share.  Full Article

Gannett sets regular quarterly cash dividend of $0.16per share
Wednesday, 10 May 2017 04:15pm EDT 

May 10 (Reuters) - Gannett Co Inc :Sets regular quarterly cash dividend of $0.16per share.  Full Article

Gannett reports Q1 loss per share of $0.02
Tuesday, 25 Apr 2017 07:00am EDT 

April 25 (Reuters) - Gannett Co Inc :Gannett reports first quarter 2017 results of operations.Says full year adjusted EBITDA(1) guidance range increased $30 million to $355 to $365 million.Says operating revenues for Q1 were $773.5 million compared to $659.4 million in prior year Q1.Capital expenditures of approximately $65 to $75 million expected for full year 2017.Says maintains its original revenue guidance for 2017 of $3.15 billion to $3.22 billion.Q1 revenue rose 17.3 percent to $773.5 million.Qtrly loss per share $0.02.Q1 earnings per share view $0.11, revenue view $762.7 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $0.96, revenue view $3.18 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Gannett Reports Qtrly Adjusted Earnings Per Share Of $0.13

* FOR 2018, REITERATES CONSOLIDATED REVENUES, CONSOLIDATED ADJUSTED EBITDA, CAPITAL EXPENDITURES OUTLOOK