TDAY Q2 2023 Earnings — USA TODAY Co., Inc. Revenue & Financial Results | Market Cap Arena

TDAYUSA TODAY Co., Inc.

$964M

Q2 2023 Earnings

Communication Services Publishing

Income Statement

Revenue

$672M-10.2% YoY

Gross Profit

$246M36.6% margin

Operating Income

$14M2.0% margin

Net Income

-$13M-1.9% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$38M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$2.0B

Stockholders' Equity

$327M

Cash & Equivalents

$107M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$672M	$749M	-10.2%
Gross Profit	$246M	$273M	-9.7%
Operating Income	$14M	-$21M	+163.7%
Net Income	-$13M	-$54M	+76.4%

Revenue Segments

Advertising

$353M34%

Circulation

$234M23%

Digital Advertising and Marketing Services

$204M20%

Print

$149M15%

Other Revenue

$85M8%