Recent Updates — GCI

USA TODAY Co., Inc. reported a third-quarter net loss attributable to shareholders of $4.6 million on total revenues of $519.2 million, a 7.4% decline year-over-year. Total Adjusted EBITDA fell to $36.6 million from $57.2 million in the prior-year period. The company implemented a new $100 million annualized cost reduction program at the end of the quarter and plans to opportunistically repurchase shares using up to $96.9 million available under its existing authorization, supported by an amendment to its term loan facility allowing incremental debt financing for buybacks. Additionally, the company disclosed that a court denied Google's motion for summary judgment in ongoing Ad Tech litigation, with trial set for April 5, 2027, and damages calculated at $901 million through 2024. USA TODAY Co., Inc. is a diversified media company operating national and local news properties alongside digital marketing solutions.

USA TODAY Co., Inc. announced on September 15, 2026, that its Board of Directors increased in size from eight to nine members and appointed Timothy Allen as a new director. Mr. Allen, currently the Chief Executive Officer of Babbel, was also appointed to the Audit Committee and Transformation Committee. He will serve an initial term expiring at the 2027 annual meeting of stockholders and receives standard non-employee director compensation pro-rated for the appointment date. USA TODAY Co., Inc. is a diversified media company that provides journalism and digital marketing solutions through brands including USA TODAY, the USA TODAY NETWORK, Newsquest, and LocaliQ.

USA TODAY Co., Inc. reported financial results for the second quarter ended June 30, 2026, on August 6, 2026. Total revenues decreased 8.3% year-over-year to $536.3 million, with total digital revenues comprising 47.4% of the total at $254.3 million. The company reported net income attributable to USA TODAY Co. of $9.1 million, marking the second consecutive quarter of positive net income. Adjusted EBITDA was $56.9 million, and free cash flow reached $19.6 million. Digital-only subscription revenues grew year-over-year for the second consecutive quarter, while LocaliQ segment core platform revenues declined 9% to $106.3 million. The company reiterated its full-year 2026 business outlook, expecting total revenues to be flat to down in the low single digits on a same-store basis and free cash flow to grow double-digits. USA TODAY Co., Inc. operates as a diversified media and digital marketing solutions company.