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Gannett Digital Revenue On The Rise, But No Profits Yet
GCIGannett(GCI) Seeking Alpha·2024-07-02 10:00

Digital and print competition For decades, newspaper companies like Gannett Co., Inc. (NYSE:GCI) have had to adapt to the new technologies that gave us the Internet, digitization, and more. The company behind USA Today is getting closer to what it calls an inflection point, where new digital revenue that will offset and eventually surpass its print losses. The latest quarterly report indicates it is headed in the right direction. But it is still displaying red ink and investors need to be patient. This is a ...