Gannett (NYSE:GCI) reported quarterly losses of $(0.39) per share which missed the analyst consensus estimate of $0.03 by 1400 percent. This is a 400 percent decrease over earnings of $0.13 per share from the same period
Gannett Announces Strategic Organizational Restructuring
Company announces two distinct business units: Gannett Media and Digital Marketing Solutions to drive subscription-led strategy
Gannett Co., Inc.
According to data from Benzinga Pro, during Q1, Gannett's (NYSE:GCI) reported sales totaled $748.08 million. Despite a 86.35% increase in earnings, the company posted a loss of $3.10 million.