01.05.2019 13:43:05

Gannett Reiterates FY19 Revenue Outlook - Quick Facts

(RTTNews) - While reporting financial results for the first quarter, media and marketing solutions company Gannett Co., Inc. (GCI) on Wednesday reiterated its full-year 2019 guidance for consolidated revenue and adjusted EBITDA.

For fiscal 2019, the company reiterated its consolidated revenue outlook between $2.74 billion and $2.81 billion.

On average, 4 analysts polled by Thomson Reuters expect the company to report revenues of $2.76 billion for the year.

The company also continues to project consolidated adjusted EBITDA for the full year in the range of $285 million to $295 million, including roughly $8 million of one-time costs associated with the CEO transition.

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