Gannett Co.: 2Q Earnings Snapshot
MCLEAN, Va. (AP) _ Gannett Co. (GCI) on Monday reported second-quarter profit of $26.7 million.
The McLean, Virginia-based company said it had profit of 23 cents per share. Earnings, adjusted for one-time gains and costs, were 21 cents per share.
The newspaper publisher posted revenue of $660.3 million in the period.
Gannett Co. expects full-year revenue in the range of $2.74 billion to $2.81 billion.
Gannett Co. shares have increased 25% since the beginning of the year, while the Standard & Poor’s 500 index has increased 13%.