Profile
Sector:
Communication ServicesIndustry:
PublishingCountry:
United StatesIPO:
04 February 2014Website:
http://www.gannett.comNext earnings report:
02 August 2024Last dividends:
31 October 2019Next dividends:
N/APrice
pre-market | 33 min agoDividend
Analysts recommendations
Institutional Ownership
GCI Latest News
Gannett Digital Revenue On The Rise, But No Profits Yet
Gannett Co Inc GCI shares were climbing in early trading on Monday.
MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its fourth quarter 2023 financial results on Thursday, February 22, 2024, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, February 22, 2024 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, inv.
The media sector mainstay reported its third-quarter results. It missed on both the top and bottom lines.
Gannett Co., Inc. (NYSE:GCI ) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Matthew Esposito - Investor Relations Mike Reed - Chairman & Chief Executive Officer Kristin Roberts - Chief Content Officer Chris Cho - President of Digital Marketing Solutions Doug Horne - Chief Financial Officer Conference Call Participants Doug Arthur - Huber Research Partners Operator Good day, ladies and gentlemen, and welcome to the Gannett Third Quarter of 2023 Earnings Call. At this time, all participants are in a listen-only mode.
Writers and editors at Reviewed, a product recommendation website, say that the company used artificial intelligence to create reviews last week.
It may only be 2023, but coverage of next year's presidential election is already overtaking newswires. Former President Donald Trump's legal troubles are piling up but so far, the next race to the White House could still be between him and President Joe Biden.
Gannett has undergone a four-year transformation into a digitally focused media and marketing solutions company. The company has exceeded its own estimates and raised guidance for the full year in the first and second quarters, with a return to overall revenue growth expected in 2024. Gannett's Digital Marketing Solutions (DMS) business is a key driver of growth, with potential value estimated at $800 million to $1 billion.
Newspaper chain Gannett has paused the use of an artificial intelligence tool to write high school sports dispatches after the technology made several major flubs in articles in at least one of its papers.
Gannett, the largest US newspaper publisher, is facing a lawsuit claiming its efforts to diversify newsrooms led to discrimination against white workers.
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What type of business is Gannett Co?
Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through two segments, Publishing and Digital Marketing Solutions. The company's principal products include 230 daily print media with total paid circulation of approximately 1.9 million and Sunday circulation of 2.2 million; 249 weekly print media with total circulation of approximately 1.4 million; and 292 locally-focused websites. Its principal products also comprise 123 daily and weekly news media brands and approximately 80 magazines, and related digital platforms; sports network, as well as Reviewed.com, an affiliate marketing service; and USA TODAY NETWORK, a community events platform. The company also offers digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions. In addition, it produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, the company offers local market news and information, as well as advertising and subscriptions, and commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was incorporated in 2013 and is headquartered in McLean, Virginia.
What sector is Gannett Co in?
Gannett Co is in the Communication Services sector
What industry is Gannett Co in?
Gannett Co is in the Publishing industry
What country is Gannett Co from?
Gannett Co is headquartered in United States
When did Gannett Co go public?
Gannett Co initial public offering (IPO) was on 04 February 2014
What is Gannett Co website?
https://www.gannett.com
Is Gannett Co in the S&P 500?
No, Gannett Co is not included in the S&P 500 index
Is Gannett Co in the NASDAQ 100?
No, Gannett Co is not included in the NASDAQ 100 index
Is Gannett Co in the Dow Jones?
No, Gannett Co is not included in the Dow Jones index
When does Gannett Co report earnings?
The next expected earnings date for Gannett Co is 02 August 2024