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Income Statement
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Gannett Co., Inc. (GCI)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q8-K10-Q10-Q10-K10-Q10-Q10-Q
Revenues:  
    Publishing     670.4746.8715.8 699.6
    Total advertising and marketing services  353.3 383.6375.1430.7412.0420.1388.4
    Advertising and marketing services  353.3 383.6375.1430.7412.0309.5388.4
    Print advertising  149.3 173.5173.5208.1190.0200.9193.2
Total revenues   [+]672.4730.7748.7748.1826.5800.2804.3777.1
            Revenue growth   [+]-10.2%-11.6%-6.9%-3.7%-5.6%-1.8%4.9%-18.1%
Cost of goods sold  426.1455.1476.0469.9470.3480.3473.2477.8
Gross profit  246.3275.5272.7278.2356.2319.9331.1299.3
            Gross margin  36.6%37.7%36.4%37.2%43.1%40.0%41.2%38.5%
Selling, general and administrative   [+]184.1190.3227.8221.8249.9225.6222.9203.7
Other operating expenses  -2.33.0-2.0-1.420.2-2.10.511.4
EBITDA   [+]64.482.246.857.786.296.4107.784.2
            EBITDA margin  9.6%11.3%6.2%7.7%10.4%12.0%13.4%10.8%
Depreciation and amortization  39.839.949.547.849.548.148.258.1
EBIT   [+]24.742.3-2.710.036.648.359.426.1
            EBIT margin  3.7%5.8%-0.4%1.3%4.4%6.0%7.4%3.4%
Non-recurring items   [+]11.127.618.511.912.117.214.018.2
Interest expense  28.628.526.126.026.434.635.339.5
Other income (expense), net   [+]3.715.115.817.315.721.022.2-120.2
Pre-tax income  -11.41.4-31.5-10.714.017.532.4-151.8
Income taxes  1.3-31.322.2-7.636.73.017.7-9.1
            Tax rate     71.0%262.8%17.0%54.6%6.0%
Minority interest  0.0-0.10.0-0.1-1.2 -0.4-0.4
Net income  -12.70.0-53.7-3.0-21.514.515.1-142.3
            Net margin  -1.9%0.0%-7.2%-0.4%-2.6%1.8%1.9%-18.3%
   
Basic EPS   [+]($0.09) ($0.39)($0.02)($0.16)$0.11$0.11($1.06)
Diluted EPS   [+]($0.09) ($0.39)($0.02)($0.16)$0.06$0.06($1.06)
   
   
Shares outstanding (basic)   [+]139.8 137.1136.4134.8135.0134.7134.1
Shares outstanding (diluted)   [+]139.8 137.1136.4134.8239.5237.5134.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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