Gannett posts 5 pct drop in 2nd-qtr net income on lower ad revenue, restructuring charges

  • Updated: July 22, 2013 - 1:15 PM

MCLEAN, Va. — Gannett Co., the owner of USA Today and other newspapers and television stations, said Monday that net income fell 5 percent in the most recent quarter as newspaper advertising revenue fell and the company took charges for job cuts and other restructuring costs.

ADVERTISEMENT

question of the day

Poll: How often do you ride a bike?

Weekly Question

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT