Gannett Co., Inc. provided earnings guidance for the year 2024, 2025 and 2026. For the full year 2024, Total digital revenues are expected to grow approximately 10%, Total revenues are expected to be down in the low to mid-single digits on a reported and same store basis, Net income attributable to Gannett is expected to improve, after excluding an impairment charge of approximately $45 million related to the exit of McLean, Virginia office during the first quarter of 2024.

For the year 2025 and 2026, Total digital revenues are expected to accelerate with growth exceeding 10% year-over-year. Total digital revenues are expected to make up 50% of total revenues in 2025 and exceed 55% of total revenues in 2026. Total revenues are expected to grow in the low single digits on a reported basis and same store basis. Net income attributable to Gannett is expected to improve to positive.