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.
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