USA TODAY Reports Q3 Earnings with EPS Beat and Narrowing Net Loss
USA TODAY (NYSE: TDAY) reported third-quarter financial results featuring a GAAP earnings per share of -$0.03, which exceeded analyst expectations by $0.04. While the company achieved an earnings beat, total revenue fell to $519.2 million, representing a 7.4% year-over-year decline and missing estimates by $9.23 million. The company showed significant improvement in its bottom line, with the net loss attributable to USA TODAY Co. narrowing substantially to $4.6 million, compared to a loss of $39.2 million in the prior year period. Digital revenue remains a core driver for the organization, accounting for $249.3 million or 48% of total revenue.
Tickers: $TDAY
Topics: digital revenue earnings report eps beat revenue miss
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