Gannett Co., Inc. (GCI) CEO Mike Reed on Q1 2022 Results - Earnings Call Transcript

May 05, 2022 2:35 PM ETGannett Co., Inc. (GCI) StockGCI
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Q1: 2022-05-05 Earnings Summary

EPS of -$0.02 beats by $0.02
 | Revenue of $748.08M (-3.73% Y/Y) misses by $6.82M

Gannett Co., Inc. (NYSE:GCI) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET

Company Participants

Matthew Esposito - IR
Mike Reed - Chairman and CEO
Doug Horne - CFO

Conference Call Participants

Doug Arthur - Huber Research
Lee Cooperman - Omega Family

Operator

Greetings and welcome to Gannett Co., Inc. 1Q Earnings Conference Call. [Operator Instructions] As a reminder this conference is being recorded.

I would now like to turn the conference over to your host Matthew Esposito with Investor Relations. Thank you, and over to you, sir.

Matthew Esposito

Thank you. Good morning, everyone. And thank you for joining our call today to discuss the Gannett's first quarter 2022 results. Presenting on today's call will be Mike Reed, Chairman and Chief Executive Officer; and Doug Horne, Chief Financial Officer.

During this call, we will discuss Gannett financial results for the quarter. If you navigate to the Gannett website, you will find that we have posted an earning supplement in addition to our earlier press release. We'll 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, certain statements made during this call are or may be deemed to be forward looking statements, including those with respect to future results and events, and are based upon current expectations. These statements involve risks and uncertainties that may cause actual results and events to differ materially from those discussed today. We encourage you to read the cautionary statement regarding forward looking statements in the earning supplement, as well as the risk factors described in Gannett filings made with the SEC.

Except as required by law, we undertake no obligation to publicly update or correct any of the

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