Gannett Co., Inc. Q1 2010 Earnings Call Transcript

Apr. 16, 2010 4:56 PM ETGannett Co., Inc. (GCI)
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Gannett Co., Inc. (NYSE:GCI) Q1 2010 Earnings Call April 16, 2010 10:00 AM ET

Executives

Craig Dubow – Chairman, Chief Executive Officer

Gracia C. Martore – President, Chief Operating Officer, Chief Financial Officer

Analysts

Craig Huber - Access 342

Alexia Quadrani - J.P. Morgan

John Janedis - Wachovia Securities

James Goss - Barrington Research

Michael Kupinski - Noble Financial Capital Markets

Edward Atorino - The Benchmark Company

Barry Lucas - Gabelli & Company

[Tim Daggett] - Citi

Operator

Good day everyone and welcome to Gannett’s first quarter 2010 earnings conference call. Today’s call is being recorded. (Operator Instructions)

Our speakers for today will be Craig Dubow, Chairman and CEO; and Gracia Martore, President, COO and CFO. At this time I would like to turn the call over to Gracia Martore. Please go ahead.

Gracia C. Martore

Thanks Kim, and good morning. Welcome to our conference call and webcast today to review our first quarter results. Hopefully you’ve had an opportunity to review this morning’s press release. You can also find it at www.gannett.com.

Before we get started, as always I need to remind you that our conference call and webcast today may include forward-looking statements and our actual results may differ. Factors that might cause them to differ are outlined in our SEC filings. This presentation will also include certain non-GAAP financial measures. We’ve provided a reconciliation of those measures to the most directly comparable GAAP measures in the press release and on the Investor Relations portion of our website.

Craig and I, as well as several members of the management team, provided a thorough update at the Meany luncheon in New York in mid-March, so today we’re going to keep our comments relatively brief to allow more time for your questions. Craig will begin by highlighting the progress we’ve made in several areas

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