TDAY Q3 2023 Earnings — USA TODAY Co., Inc. Revenue & Financial Results | Market Cap Arena

TDAYUSA TODAY Co., Inc.

$964M

Q3 2023 Earnings

Communication Services Publishing

Income Statement

Revenue

$653M-9.1% YoY

Gross Profit

$237M36.3% margin

Operating Income

$35M5.4% margin

Net Income

-$3M-0.4% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$7M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.9B

Stockholders' Equity

$327M

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$653M	$718M	-9.1%
Gross Profit	$237M	$259M	-8.4%
Operating Income	$35M	-$25M	+239.0%
Net Income	-$3M	-$54M	+95.3%

Revenue Segments

Circulation

$625M39%

Advertising

$340M21%

Digital Advertising and Marketing Services

$203M13%

Print Circulation

$187M12%

Print

$137M9%

Other Revenue

$86M5%

Other Digital Revenue

$21M1%