Gannett First Quarter 2025 Earnings: Misses Expectations
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Gannett (NYSE:GCI) reported its Q1 2025 earnings, revealing a revenue of $571.6 million, down 10% from Q1 2024, and a net loss of $7.33 million, though this loss narrowed by 91% year-over-year. Both revenue and earnings per share missed analyst expectations, with revenue falling short by 3.6% and EPS missing by 100%. Looking ahead, Gannett's revenue is projected to decline by an average of 2.8% annually over the next three years, contrasting with a 2.5% growth forecast for the US media industry. Gannett's shares have decreased by 7.6% in the past week.
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