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MCLEAN, Va. (AP) _ Gannett Co., Inc. (GCI) on Friday reported second-quarter net income of $15.1 million, after reporting a loss in the same period a year earlier.
The McLean, Virginia-based company said it had profit of 10 cents per share. Earnings, adjusted for non-recurring costs, were 20 cents per share.
The newspaper company posted revenue of $804.3 million in the period.
Gannett shares have risen 65% since the beginning of the year, while the S&P’s 500 index has increased 18%. The stock has more than tripled in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GCI at https://www.zacks.com/ap/GCI
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