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Gannett Announces Fourth Quarter 2024 Results & Business Outlook

1. GCI Q4 results show strong digital transformation progress. Digital revenues exceed 45% and generated over $1.1B for 2024. 2. Company expanded audience reach and improved digital performance. This transformation could drive future earnings growth.

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FAQ

Why Bullish?

GCI’s significant digital revenue growth and strategy execution indicate an upward trend. Historical media transformations, like those of legacy outlets pivoting to digital, have driven similar bullish investor sentiment.

How important is it?

A higher digital revenue contribution fundamentally changes GCI’s business model and investor outlook. This strategic pivot is critical as digital growth remains a key factor in media performance.

Why Long Term?

The digital shift represents lasting change in revenue streams and audience engagement. Past examples in the media industry suggest that sustained digital investments foster long-term value creation.

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NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the fourth quarter ended December 31, 2024. "In 2024, we made continued strong progress executing on our strategy to advance our digital transformation, resulting in total digital revenues exceeding 45% of total revenues in the fourth quarter, and amounting to over $1.1 billion for the year. Equally important, we expanded our audience, improved e.

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