Debt ManagementGannett Co. is focusing on paying down debt, having paid off $74.5M of debt and projecting further reductions, which could create value before litigation upside.
Legal ProceedingsGannett Co. is well positioned following a favorable ruling in the DOJ v. Google AdTech monopoly case, which enhances the strength of GCI’s claims and increases the likelihood of a favorable recovery from Google.
Revenue GrowthGannett Co. reiterated the FY25 outlook that calls for 7%-10% digital revenue growth and same store revenue growth, indicating a potential inflection to growth after many years of contraction.