Gannett Co Inc Q1 2025 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Giuliano Bologna - Compass Point - Analyst : Hi, good morning, and you. Congratulations on, continuing execution, yeah, on the business. Well, one thing I would be curious about asking you is, with the recent loss by Google in a tech case, or, especially in the DOJ case, can you talk about how this may impact your business and creates any opportunities?

Question: Giuliano Bologna - Compass Point - Analyst : That's very helpful and then, it's kind of if you get, if you can just like with the manual changes Google's made, I'm kind of, how are you adopting the affiliate revenue business and what are your expectations for growth there? LSEG STREETEVENTS | www.lseg.com | Contact Us consent of LSEG. 'LSEG' and the LSEG logo are registered trademarks of LSEG and its affiliated companies. MAY 01, 2025 / 12:30PM, TDAY.N - Q1 2025 Gannett Co Inc Earnings Call

Question: Giuliano Bologna - Compass Point - Analyst : And maybe a little bit of a one-off question, but they signal the Google topic for a Google related topic for a second. Obviously, yeah, it's great to see the positive, precedent in case law that, the DOJ case that's one thing I'd be curious about and I realized that, you can't necessarily talk about like specific expectations in terms of what, you'd want the outcome to be in the end, but I, I'm curious if there's any kind of, rough ballpark of. Where you think your claim is from a dollar from a quantitative perspective, against Google in the case, and even if it's, a broad range, just be curious to see if there's any kind of sense of where, what your claim is. I was like, not, yeah, I think we all realize that your claim is probably not reflective of, what interest damages or a settled outcome could look like, but just curious where you think your claim is.

Question: Giuliano Bologna - Compass Point - Analyst : That's helpful. I appreciate it and these switching gears, you, we obviously saw the, I think in the commentary that you're reiterating ring guidance, for 2025, and I'm curious, related to that, to reiterating 25 guidance. LSEG STREETEVENTS | www.lseg.com | Contact Us consent of LSEG. 'LSEG' and the LSEG logo are registered trademarks of LSEG and its affiliated companies. MAY 01, 2025 / 12:30PM, TDAY.N - Q1 2025 Gannett Co Inc Earnings Call I'm curious, your confidence around that and kind of what the puts and takes are, well, when you're considering the macro backdrop some and some of the uncertainty that's out there.

Question: Giuliano Bologna - Compass Point - Analyst : That's something that you kind of led into you know the resource on going on the DMS side, but I'm curious, can you speak about what you're seeing and doing that gives you confidence that DMS revenues will, grow and flesh from here.

Question: Giuliano Bologna - Compass Point - Analyst : That sounds good actually, but, then as a final one, I'm curious how you expect to improve, the digital revenue growth trends, still kind of going into the back half of the year.

Question: Giuliano Bologna - Compass Point - Analyst : That's very helpful. I appreciate all the questions, and I will jump back into you.

Question: Matt Condon - Citizens - Analyst : Thank you so much for taking my questions. My first one is just on the digital subscription revenue that fell year over year. I was just wondering if you could give us any more color on the same store basis because I know that it's probably impacted by the Austin sale and any help there just to understand the actual underlying trends in that segment of the business would be helpful.

Question: Matt Condon - Citizens - Analyst : That's very helpful. Maybe just for my second one, I wanted to turn to the digital advertising business and understood that that appears trends are improving, improved into March and then into April. But what within your control do you have that you can help aggregate budgets onto your platform? What are the tools or other things that you guys can do to just bring more and more budgets onto your platform?

Question: Matt Condon - Citizens - Analyst : Great and then just shifting gears maybe a little bit. I know that the last that we heard for real estate non-strategic asset sales was that we're getting to the end of that pipeline. Is that still the case today, or is there any change there or just any commentary on where we are with that?

Question: Matt Condon - Citizens - Analyst : That's very helpful commentary. Thank you so much for taking the questions.