What is the revenue and EPS growth rate for USA TODAY year over year?

What is the market's earnings forecast for USA TODAY next quarter?

What factors drove the changes in USA TODAY's revenue and profit?

Did USA TODAY beat or miss consensus estimates last quarter?

What is USA TODAY's latest dividend and current dividend yield?

What does USA TODAY do and what are its main business segments?

What is USA TODAY's gross profit margin?

What were the key takeaways from USA TODAY's earnings call?

- **Record Q4 Profitability**: Adjusted EBITDA up 16.6% YoY to $91.1 million, margin 15.6%, highest in 5 years.
- **Digital Dominance**: 47% of revenue from digital, AI licensing deals (Meta) add $10M in Q4, targeting 50%+ digital mix in 2026.
- **Subscription Strength**: ARPU $9.81 (24% YoY), sequential revenue growth, with PLAY gaming hub driving engagement.
- **Cash & Debt**: Free cash flow $64.2M (+10% YoY), debt reduced to $887M, targeting 2.0x leverage by end-2026.
- **AI & Growth**: 2026 AI licensing growth from existing and new deals, with cautious optimism on Google lawsuit resolution.

**【CEO Summary Section】**
- Q4 2025 was the strongest quarter in recent years, with total adjusted EBITDA of $91.1 million, up 16.6% YoY, and margin expanding to 15.6%.
- Digital revenues represented 47% of total, with AI licensing deals (e.g., Meta partnership) contributing $10 million in Q4 and expected to drive 2026 growth.
- Free cash flow reached $31.5 million in Q4, up 27.7% YoY, and net debt reduced to $887.1 million.
- Digital-Only Subscription ARPU hit $9.81 (24% YoY growth), with sequential revenue growth in Q4.
- LocaliQ segment adjusted EBITDA of $16.6 million, core platform ARPU near record highs, and plans to return to revenue growth in 2026H2.

**【CFO Financial Commentary】**
- Q4 revenues $85 million (-5.8% YoY), but same-store trends improved 290bps YoY, driven by digital growth.
- Total adjusted EBITDA $91.1 million (+16.6% YoY), margin 15.6% vs. 12.6% prior year.
- Digital advertising revenues grew 1.8% YoY for 3rd consecutive quarter, with B2B sales leveraging USA TODAY co-brand.
- Digital other revenues (+27.1% YoY) benefited from AI licensing and Perplexity shift.
- Full-year free cash flow $64.2 million (+10% YoY), with 2026 guidance for double-digit growth.
- Debt reduction of $136 million in 2025, First Lien Net Leverage 2.4x, targeting 2.0x by end-2026.

**【Q&A Key Highlights】**
- **Revenue Growth in 2026**: Driven by digital ARPU growth, AI licensing, and subscription momentum, with Q1 2026 expected to cycle Austin sale benefits.
- **AI Licensing**: Meta deal and others contributed $10 million in Q4, with 2026 growth from existing and new deals, though variability expected.
- **Subscription Strategy**: ARPU focus over volume, with PLAY gaming hub and local content driving engagement and monetization.
- **Debt Paydown**: 2026 free cash flow to fund deleveraging, targeting 2.0x First Lien Net Leverage.
- **Google Lawsuit**: Partial summary judgment granted, jury trial expected late 2026/early 2027, with optimism on remedies ruling impact.

USA TODAY Co., Inc. (TDAY) Q4 2025 Earnings Call Transcript

- **Digital Dominance**: Digital revenue now 47% of total, with AI licensing deals (Microsoft, Perplexity) driving future growth.
- **Cost Efficiency**: $100M cost reduction program fully implemented, positioning Q4 for strong EBITDA growth (+$7M+ delayed revenue).
- **Legal Milestone**: Google antitrust case establishes liability; trial focus shifts to damages.
- **AI Resistance**: Blocked 75M AI bot scrapes in September, emphasizing content value and fair licensing.
- **Debt Reduction**: Total debt below $1B for first time since 2019; 2025 free cash flow expected to grow 30%.

**【CEO Summary Section】**
- Total debt fell below $1 billion for the first time since 2019, with digital revenues accounting for 47% of total revenue.
- AI licensing deals with Perplexity and Microsoft are driving future growth, with 75 million AI bot scrapes blocked in September.
- Q4 expectations include strong adjusted EBITDA growth due to cost reductions and delayed Q3 revenue (e.g., Perplexity campaigns).
- Legal progress against Google: partial summary judgment establishes liability, moving toward damages phase.

**【CFO Financial Commentary】**
- Q3 revenue: $560.8 million (-8.4% YoY), with digital advertising up 2.9% YoY.
- Adjusted EBITDA: $57.2 million (10.2% margin), impacted by $7 million in delayed revenue and $100 million cost reduction expenses.
- Digital-only ARPU reached $8.80 (+8% YoY), with sequential growth in subscription revenue.
- Free cash flow expected to grow 30% YoY, driven by debt reduction ($135 million+ in 2025) and lower interest rates.

**【Q&A Highlights】**
- **AI Licensing**: Microsoft deal positions Gannett as a key content provider for AI marketplaces; OpenAI remains uncooperative despite 70M+ bot attempts to scrape local content.
- **Traffic Trends**: No meaningful traffic from AI search platforms; focus on direct consumer engagement (e.g., 187M monthly uniques in Q3).
- **DMS Strategy**: Shifting large, media-heavy clients to Media segment to optimize platform ROI; core platform ARPU near all-time highs.
- **Debt Paydown**: $116M repaid YTD, targeting $135M+ for 2025; real estate sales pipeline supports further balance sheet strengthening.

Gannett Co., Inc. (GCI) Q3 2025 Earnings Call Transcript

- **Q2 Momentum**: Sequential EBITDA +27%, free cash flow +73%, $23.4M debt repayment.
- **Cost Savings**: $100M annual savings program to drive 2026 EBITDA growth; AI licensing deals add $100M+ revenue.
- **Digital Recovery**: Digital advertising YoY growth, ARPU up QoQ; 3-5% H2 digital revenue growth.
- **Subscriber Shift**: Annual offers, local pricing; ARPU up despite short-term revenue pressure.
- **AI Leadership**: Blocking scrapers, Snowflake marketplace, Perplexity partnership for fair content licensing.
- **Free Cash Flow**: 2025 growth >100% YoY, 2026 outlook strong with debt deleveraging.

**【CEO Summary Section】**
- Q2 2025 saw sequential improvements: total adjusted EBITDA up 27% to $64.2M, free cash flow up 73% to $17.6M, and debt repayment of $23.4M.
- Announced $100M cost reduction program targeting 2026 EBITDA growth, with $100M AI content licensing deal with Perplexity and AddressUSA real estate partnership.
- Digital advertising growth returned to YoY positive, driven by page views and direct sales; digital-only ARPU increased sequentially and YoY.
- Expect 3-5% digital revenue growth in H2, with free cash flow up over 100% YoY.

**【CFO Financial Commentary】**
- Q2 revenue $584.9M (-8.6% YoY), same-store digital revenue down 2.8% but improving 100bps QoQ.
- Total adjusted EBITDA $64.2M (11% margin), up 30.3% in Domestic Media segment.
- Q2 net income $78.4M (driven by $87.5M tax benefit); 2025 guidance: digital revenue flat to +3-5%, free cash flow +30% YoY.
- Cost reduction program to save $100M annually, focusing on automation, print consolidation, and variable expenses.

**【Q&A Highlights】**
- **Revenue Timing**: Expect Q3/Q4 sequential growth, with flat revenues in early 2026.
- **Cost Reduction**: 2 print facilities closing; 80% cost savings from automation, 20% from headcount.
- **AI Impact**: Blocked unauthorized scraping; Perplexity deal generates licensing and ad revenue.
- **Subscriber Strategy**: Shift to annual offers, local pricing, and pay-per-article; ARPU up QoQ and YoY.
- **Ad Tech Case**: DOJ remedies hearing in Q4; positive momentum for publisher rights.
- **Affiliate Revenue**: Google changes resolved; focus on high-margin partnerships like AddressUSA.

**【Digital Initiatives】**
- Sports (OneTEAM) and entertainment (Wendy Naugle hire) driving engagement; Q2 sports events saw audience growth.
- AI integrations: Deeper Dive beta outperforms expectations, Taboola AI ads on USA TODAY.
- Subscription beta: Stacked products and local focus; Q2 digital-only revenue $42.7M (-10% YoY but improving trends).

Gannett (GCI)-31 Jul 25-2025 Q2 Earnings call transcript

- **Digital Audience Growth**: 195M monthly uniques (+4% YoY) positions for long-term monetization.
- **Debt Reduction**: 75M repaid in Q1, targeting 125M+ for 2025 to cut net leverage to 2x.
- **Google Antitrust Win**: Potential $100M+ claim and fairer ad ecosystem driving higher CPMs.
- **DMS Recovery**: Q2 core platform near flat vs. Q1 decline, AI tools improving retention.
- **Subscription Strategy**: Local focus and adjacent products like Studio IX driving long-term growth.

**【CEO Opening Remarks】**
- Q1 revenue decline of 10.1% (7.7% same-store) due to one-time items like Austin sale and Google manual actions, but confident in full-year outlook.
- Digital audience grew 4% YoY to 195M monthly uniques, positioning for long-term growth.
- DOJ Google antitrust win seen as major tailwind for digital advertising ecosystem.
- 75M debt repayment in Q1, targeting 125M+ debt reduction for 2025.

**【CFO Financial Highlights】**
- Adjusted EBITDA $50.5M (8.8% margin), down 15% YoY due to same-store headwinds.
- Digital revenues $250.4M (-6.4% YoY), impacted by affiliate reversals and subscription churn.
- Free cash flow $10.2M (+7.6% YoY), expects similar Q2 and stronger H2.
- Net loss narrowed to $7M vs. $84M prior year, driven by cost savings and asset sales.

**【Q&A Key Takeaways】**
- Google antitrust win: Potential for higher CPMs, fairer ad share, and $100M+ claim against Google.
- DMS recovery: Q2 core platform revenue near flat vs. Q1 decline, Dash AI tool improving retention.
- Digital subscriptions: Same-store growth despite one-time reversals, focus on local engagement and adjacent products.
- Capital structure: 125M+ debt paydown target, 2x net leverage by year-end.


Gannett Co., Inc. (GCI) Q1 2025 Earnings Call Transcript

- **Digital Growth Acceleration**: 2025 targets 7-10% same-store digital revenue growth, with digital-only subscriptions driving 17% YoY growth.
- **Financial Strength**: 2024 adjusted EBITDA up 12.6%, free cash flow +3.5%, with 2025 guidance for >40% free cash flow growth.
- **Debt Reduction**: $60-70M asset sales in 2025 to reduce debt, targeting first lien leverage below 2.0x.
- **Content Strategy**: 12M+ monthly page views, 390M+ sports page views, and 20% YoY video growth highlight audience engagement.
- **DMS Recovery**: 2025 initiatives to return DMS to growth, leveraging AI tools and e-commerce opportunities.

**【CEO Opening Remarks】**
- 2024 marked significant progress with same-store revenue improving to -5.1% (from -8.6% in 2023), adjusted EBITDA up 12.6%, and free cash flow growth of 3.5%.
- Digital revenue reached 44% of total revenue in 2024, up from 39% in 2023, with a goal for 50% digital contribution in 2025.
- 2025 targets include 7-10% same-store digital revenue growth and achieving positive overall revenue growth by year-end.

**【Chief Content Officer (Kristin Roberts)】**
- Achieved 12 consecutive months of >1 billion page views, with Q4 sports content generating 390M+ page views (+33% YoY).
- Expanding women's sports coverage and video strategy, with Q4 video views up 20% YoY.
- Digital-only subscription revenue grew 17% YoY, ARPU +13%, with sequential growth in subscriptions.

**【DMS Business Update】**
- Q4 DMS revenue $116.2M, adjusted EBITDA $11.4M (9.7% margin).
- 2025 initiatives: improving client retention via AI tools (Dash), targeting large businesses, and expanding e-commerce opportunities.
- Expect DMS to return to growth in 2025, contributing to overall digital revenue acceleration.

**【CFO Financial Commentary】**
- Q4 total revenue $621.3M (-7.2% YoY), same-store -5.5%.
- Adjusted EBITDA $78.2M (+5.5%), margin 12.6% (vs 11.1% YoY).
- Digital revenue $280.4M (+1.2% YoY), digital-only subscriptions up 17% YoY.
- 2025 guidance: 7-10% same-store digital growth, free cash flow +40% YoY, debt reduction of $60-70M via asset sales.

**【Q&A Highlights】**
- **Digital Growth Drivers**: 2025 digital growth will come from both advertising (consistent) and DMS (back-half recovery), with DMS contributing 2-3% of total digital growth.
- **Debt Strategy**: 2025 asset sales ($60-70M) will be used to reduce debt, targeting first lien net leverage below 2.0x by year-end.
- **Google Antitrust Case**: Confident in Gannett's case, expects ruling in line with DOJ's strong position.
- **Subscription Strategy**: Personalizing content experiences and doubling down on local content to drive paid subscriber growth.

**【Closing Remarks】**
- 2024 achievements: +$66M adjusted net income, +$58M free cash flow, 44% digital revenue mix.
- 2025 focus: Digital transformation, revenue inflection point, and continued financial improvement.
- Emphasized scale advantage (200M+ monthly unique visitors) and ability to monetize through subscriptions, advertising, and e-commerce.

Actual											-0.61	-3.32	-0.24	-0.92	-1.06	0.1331	0.1624	0.324	0.0303	-0.0027	0.3487	0.276	0.0298	-0.0424	-0.1763	-0.16	-0.6	0.09	-0.0118	0.0655	-0.0891	0.4525	-0.2134	-0.2093
Forecast											-0.3174	-0.6211	-0.4348	-0.318	-0.1269	-0.2341	0.119	0.1667	-0.0551	0.0326	-0.1392	0.1592	-0.1147	-0.0545	-0.0087	0.0585	-0.3563	-0.0356	-0.0626	-0.0132	-0.1348	-0.0583	-0.0877	-0.3377
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-92.19%	-434.54%	+44.80%	-189.31%	-735.30%	+156.86%	+36.47%	+94.36%	+154.99%	-108.28%	+350.50%	+73.37%	+125.98%	+22.20%	-1926.44%	-373.50%	-68.40%	+352.81%	+81.15%	+596.21%	+33.90%	+876.16%	-143.33%	+38.02%

Actual	--	--	--	--	--	--	--	--	--	--	948.68M	767.00M	814.54M	875.45M	777.08M	804.27M	800.18M	826.54M	748.08M	748.66M	717.90M	730.66M	668.92M	672.36M	652.87M	669.40M	635.76M	639.84M	612.44M	621.27M	571.57M	584.86M	560.80M	585.00M
Forecast	--	--	--	--	--	--	--	--	--	--	976.00M	744.00M	776.00M	857.00M	791.65M	791.00M	817.60M	847.50M	754.90M	788.10M	745.50M	744.50M	681.30M	686.70M	660.40M	673.03M	625.30M	645.02M	635.21M	635.09M	593.10M	593.13M	571.03M	586.33M
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2.80%	+3.09%	+4.97%	+2.15%	-1.84%	+1.68%	-2.13%	-2.47%	-0.90%	-5.00%	-3.70%	-1.86%	-1.82%	-2.09%	-1.14%	-0.54%	+1.67%	-0.80%	-3.58%	-2.18%	-3.63%	-1.39%	-1.79%	-0.23%

TDAY

TDAY fundamentals

TDAY Q4 2025 Earnings

Earnings Call

You can ask Aime

TDAY

TDAY fundamentals

TDAY Q4 2025 Earnings

Earnings Call

TDAY Earnings Call Summary for Q4/20258:30 AM on Feb 26, 2026

TDAY Earnings Call Summary for Q3/20258:30 AM on Oct 30, 2025

TDAY Earnings Call Summary for Q2/20258:30 AM on Jul 31, 2025

TDAY Earnings Call Summary for Q1/20258:30 AM on May 1, 2025

TDAY Earnings Call Summary for Q4/20248:30 AM on Feb 20, 2025

You can ask Aime