Gannett Says In FY25-FY26 It Expects Total Digital Revenues To Accelerate With Growth Exceeding 10% YoY And Are Expected To Make Up 50% Of Total Revenues In 2025 And Exceed 55% Of Total Revenues In 2026
Portfolio Pulse from Benzinga Newsdesk
Gannett projects its total digital revenues to grow by over 10% year-over-year in FY25-FY26, making up 50% of total revenues in 2025 and exceeding 55% in 2026.
August 01, 2024 | 11:05 am
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Gannett expects its digital revenues to grow by over 10% YoY in FY25-FY26, with digital making up 50% of total revenues in 2025 and over 55% in 2026.
The projected growth in digital revenues indicates a positive shift in Gannett's business model towards more profitable digital channels. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100