Gannett Co., Inc. (GCI) CEO Mike Reed on Q1 2020 Results - Earnings Call Transcript

May 09, 2020 11:40 PM ETGannett Co., Inc. (GCI) StockGCI
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Q1: 2020-05-07 Earnings Summary

EPS of -$0.61 misses by $0.37
 | Revenue of $948.68M misses by $39.32M

Gannett Co., Inc. (NYSE:GCI) Q1 2020 Earnings Conference Call May 7, 2020 8:30 AM ET

Company Participants

Ashley Higgins - IR
Mike Reed - Chairman and CEO of the Public Company
Paul Bascobert - CEO of the Operating Company
Doug Horne - CFO

Conference Call Participants

Kyle Evans - Stephens
Ryan Vaughn - Needham

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Gannett First Quarter Earnings Conference Call. At this time all participants are in a listen-only mode. After the speakers’ presentation there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Ashley Higgins. Please go ahead.

Ashley Higgins

Thank you, Marcella. Good morning, everyone, and thank you for joining our call today to discuss to Gannett's first quarter 2020 results. Presenting on today's call will be Mike Reed, Chairman and CEO of the Public Company; Doug Horne, Chief Financial Officer; and Paul Bascobert, CEO of the Operating Company.

During this call, we will discuss Gannett's financial results for the quarter. If you navigate to the Gannett Web site, you will find that we have posted an earnings supplement in addition to our earlier press release. We will be referencing it today on the call as it provides you with additional detail on this quarter's performance.

Before we begin, please let me remind you that this call is being recorded. In addition, statements made during this call with respect to future results and events are forward-looking statements that are based upon current expectations. Actual events and results could differ materially from those discussed today. We encourage you to read the forward-looking statements disclaimer in the presentation, as well as the risk factors described in Gannett's filings made with the SEC.

In addition, we will be

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