Gannett (GCI) Tops Q1 EPS by 12c
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Gannett Reports First Quarter 2016 Results of Operations
April 27, 2016 8:30 AM EDTRevenue trends improved
GAAP Diluted Earnings Per Share of $0.26, Adjusted Diluted Earnings Per Share of $0.29
Higher Operating Margin and Adjusted EBITDA Margin
MCLEAN, Va.--(BUSINESS WIRE)-- Gannett Co., Inc. (NYSE: GCI) ("Gannett" or "company" or "we") today reported first quarter 2016 results of operations.
Recent highlights include:
Improved revenue trends over 2015. Operating income of $47.5 million. Adjusted EBITDA of $77.6 million. Adjusted EBITDA margin of 11.8% improved 186 basis points over prior year. Accelerated production and distribution efficiencies.... More