TDAY Q1 2023 Earnings — USA TODAY Co., Inc. Revenue & Financial Results | Market Cap Arena

TDAYUSA TODAY Co., Inc.

$964M

Q1 2023 Earnings

Communication Services Publishing

Income Statement

Revenue

$669M-10.6% YoY

Gross Profit

$239M35.7% margin

Operating Income

$20M3.0% margin

Net Income

$10M1.5% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-8.5%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

-$2M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$2.0B

Stockholders' Equity

$321M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$669M	$748M	-10.6%
Gross Profit	$239M	$278M	-14.2%
Operating Income	$20M	-$2M	+1109.2%
Net Income	$10M	-$3M	+448.6%

Revenue Segments

Advertising

$341M34%

Circulation

$241M24%

Digital Advertising and Marketing Services

$193M19%

Print

$148M15%

Other Revenue

$87M9%