For the latest quarter, the news and information company posted earnings of 46 cents, compared to earnings of 45 cents in the same period the previous year.
Revenue for the recent quarter came in at $727.1 million, compared to $796.5 million in the same period the previous year.
Analysts had expected the company to report earnings of 51 cents on revenue of $753 million for the second quarter of 2015.
The decline in revenue year-over-year was partially due to $12 million of prior year revenues related to exited business, along with changes regarding the foreign currency exchange rate, the company noted.
"Gannett is laser focused on capturing the demographic led shift from print to digital by leveraging our industry-leading digital capabilities," CEO Robert J. Dickey stated.
On Tuesday, shares closed down 2.35% to $13.31.
McLean, VA-based Gannett operates as a multi-platform news and information company.