Gannett Co., Inc. Provides Unaudited Earnings Guidance for the Fourth Quarter Ended December 31, 2020
January 19, 2021 at 07:15 am
Share
Gannett Co., Inc. provided unaudited earnings guidance for the fourth quarter ended December 31, 2020. For the quarter the company estimated revenues to be in the rage of $865 million to $875 million. Net loss before taxes to be in the rage of $135 million to $130 million.
Gannett Co., Inc. is a diversified media company. The Company operates through three segments: Domestic Gannett Media, Newsquest and Digital Marketing Solutions (DMS). Its Domestic Gannett Media segment comprises USA TODAY, daily and weekly content brands in approximately 220 local United States markets across 43 states and its community events business, USA TODAY NETWORK Ventures. Its core print offerings include home delivery offered on a subscription basis, single copy, and non-daily publications. Its Newsquest segment in the United Kingdom consists of over 220 digital news and media brands across its portfolio, including over 150 daily and weekly newspapers and over 70 magazines. Its DMS segment is dedicated to helping local businesses succeed through digital advertising and marketing solutions. The DMS segment, under the brand LocaliQ, is a cloud-based platform of fully-digital products that delivers customers and drives leads through technology and insights.
GANNETT CO., INC. 
