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 ( GCI ) anticipates full-year digital revenue to be flat

* Company forecasts total adjusted EBITDA growth for second half and full year

* Gannett ( GCI ) 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/Mis Actual Consensu

s s

Estimate

Q2 Miss $584.86 $593.10

Revenue mln mln (4

Analysts

)

Q2 EPS $0.42

Q2 $84.46

Adjusted mln

Net

Income

Q2 Net $78.39

Income mln

Q2 $64.24

Adjusted mln

EBITDA

Q2 $17.60

Adjusted mln

Free

Cash

Flow

Press Release:

(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.)