Gannett (GCI) Tops Q3 EPS by 20c
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Gannett Announces Third Quarter 2020 Results
November 3, 2020 6:30 AM EST
Surpassed 1 million paid digital-only subscribers
Generated nearly $100 million of asset sales to accelerate debt paydown, subsequent to quarter-end
Ended the quarter with $189 million of cash and cash equivalents
Implemented $218 million in annualized synergies year to date
MCLEAN, Va.--(BUSINESS WIRE)-- Gannett Co., Inc. ("Gannett", "we", "us", "our", or "the Company") (NYSE: GCI) today reported its financial results for the third quarter ended September 30, 2020.
Our third quarter results showed a significant and rapid rebound from the second quarter impact of the... More
