GCI News and Press, Gannett Co. Inc. From 02/07/21

Famed investor Bill Miller's Deep Value Strategy likes financials and expects they should see a "significant improvement in profitability this year, according to a copy of investor later dated Feb. 4.Financials are expected to benefit from lower loan loss provisioning, improving loan growth, ...

Miller Value Partners is a value investor. It values businesses, and not just stocks, and invests in them for the long term. For the fourth quarter, the Deep Value strategy was up 64.9% (net), significantly ahead of the overall market and more than 2x the S&P 1500 Pure Value Index...

Gannett Holdings, a wholly owned subsidiary of Gannett (GCI) has priced a $1.045B Term Loan B due February 2026 to refinance the 11.5% term loan entered into for the acquisition of Gannett Media Corp. at L+700, with a 0.75% LIBOR floor.The new Term Loan B is expected to close early ...

New Term Loan carries a significantly lower interest rate and extends maturity to February 2026 Widely syndicated public financing provides the Company with increased operational flexibility 2021 cash interest expense expected to be approximately $90 million less than ...

Gannett earns a score of 100 on the Human Rights Campaign Foundation’s annual assessment of LGBTQ workplace equality for fourth consecutive year Gannett Co., Inc. (NYSE: GCI, “Gannett”, the “Company”), an innovative, digitally focused media...

Presented by Kia, the annual program will measure sentiment around this year’s Super Bowl commercials and offer additional analysis with new Replay Rating feature sponsored by Verizon USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), launched its 33 rd Ad Meter pr...

Gannett (GCI) sees Q4 revenue in the range of $865-875M vs. a consensus of $857M.The company sees Q4 adjusted EBITDA in the range of $142-147M.Q4 term loan reduction of ~$654M resulted in $48M of annual interest savings.GCI ended the year with ~$171M of cash and cash equivalents.Press Release...

Strong fourth quarter Revenue and Adjusted EBITDA performance Approximately 46% year-over-year digital-only circulation pro forma revenue growth Fourth quarter term loan reduction of approximately $654 million results in $48 million of annual interest savings Ended t...

Gannett Co., Inc. (“Gannett”, “we”, “us”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chairman and Chief Executive Officer, Michael Reed, presented at the 23 rd Annual Needham Growth Conference i...

Gainers: VOXX International (VOXX) +41%. Dolphin Entertainment (DLPN) +31%. Naked Brand Group (NAKD) +23%. Gannett Co. (GCI) +20%. XPeng (XPEV) +17%.Losers: Sify Technologies (SIFY) -11%. Four Seasons Education (Cayman) (FEDU) -9%. Delta Apparel (DLA) -8%. Tupperware Brands (TU...