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Gannett Earnings Fall
Updated from 10:52 a.m. EDT.
Gannett (GCI Quote), the nation's largest newspaper publisher and a bellwether for the industry, reported an 11% drop in first-quarter earnings Thursday as advertising revenue slumped.
The publisher of USA Today said its net income declined to $210.6 million, or 90 cents a share, for the quarter, from the $235.3 million, or 99 cents a share, it reported for the same quarter last year. ...
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