Gannett Co., Inc. reported its first quarter 2025 financial results on May 1, 2025, with total revenues of $571.6 million, a decrease from the prior year. Despite the revenue decline, the company achieved a significant improvement in net loss attributable to Gannett, reporting $7.3 million compared to $84.8 million in Q1 2024.
Adjusted EBITDA for the quarter grew by 7.6% year-over-year to $22.5 million, demonstrating operational efficiency. Free cash flow also increased by 3.8% year-over-year, reaching $10.2 million.
The company continued its focus on strengthening its capital structure, with a total debt paydown of $74.5 million during the quarter. Gannett also reported reaching 195 million average monthly unique visitors and reiterated its business outlook for the full year, signaling confidence in its ongoing transformation.
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