GCI Stock Recent News

Sometimes, companies with a lot of debt can be good turnaround stories.

Many stocks this year have simply been forgotten due to high inflation, rising interest rates, and brutal market conditions.

Gannett Co., Inc. (NYSE:GCI ) Q3 2022 Results Conference Call November 3, 2022 8:30 AM ET Company Participants Matthew Esposito - IR Mike Reed - Chairman, CEO Doug Horne - CFO Conference Call Participants Doug Arthur - Huber Research Jason Bazinet - Citi Operator Greetings, and welcome to the Gannett 3Q Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

The digital transformation of Gannett over the past three years continues, yet its stock price reflects none of the progress. The pandemic-induced recession in 2020 and surge in inflation during 2022 were both major headwinds for progress.

Gannett Co. Inc. GCI, -4.64% informed staff on Wednesday that it's temporarily suspending its 401(k) match from Oct. 24 and mandating five days of unpaid leave in December, as part of a latest round of cost cuts. In a memo circulated by Editor & Publisher, Chief Executive Mike Reed said the publisher is also offering voluntary severance and will pause hiring apart from for key revenue and operating roles of others deemed critical.

Subscription-led company, Gannett Co. is using know-how accumulated in the traditional print media business to form a digital marketing platform. With a new cost-cutting program in place and a massive distribution network, the new Gannet's subscription-led business strategy could be quite successful.

With overall market sentiment still highly negative, now may be the time to consider the best penny stocks to buy. At first, this may sound counterintuitive.

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “us”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chairman and Chief Executive Officer, Michael Reed, and its President of Digital Marketing Solutions, Kris Barton, will participate at the following conference: Citi's 2022 Global Technology Conference Friday, September 9, 2022 10:30 a.m. ET / 7:30 a.m. PT New York, New York The video webcast of the presentation will be accessible through the Investor Relations s

Gannett Co., Inc. (NYSE:GCI ) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Matt Esposito - IR Mike Reed - Chairman and CEO Doug Horne - CFO Operator Greetings, and welcome to the Gannett 2Q Earnings Conference Call. [Operator Instructions) As a reminder, this conference is being recorded.

USA Today parent Gannett Co. Inc. GCI, +4.56% reported Thursday that it swung to a second-quarter net loss of $53.7 million, or 39 cents a share, from net income of $22.6 million, or 10 cents a share, in the year-ago period. There were not enough analyst estimates compiled by FactSet to have a consensus.