Gannett's Q1 adjusted EPS

Investor's Business Daily

Gannett's (GCI) Q1 adjusted EPS climbed 8.8% to 37 cents, 2 cents above analysts' estimates. Revenue climbed 1.6% to $1.24 bil, roughly in line with estimates. Digital revenue in the publishing segment climbed 75.5%, as the newspaper owner erected pay walls to its online content. But overall publishing revenue still declined 0.3%. Broadcasting revenue climbed 8.5%. Shares fell 5% to 19.98.

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