USA Today Reports Quarterly Earnings of $0.01 EPS Amid Financial Challenges
1 report, 1 independent
Updated Thu 00:00
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What happened
USA Today reported quarterly revenue of $519.24 million and earnings per share of $0.01. The company reported a negative net margin of 1.81% and a negative return on equity of 21.13%. On Thursday, shares of USA Today traded up $0.03, reaching $6.10.
From dailypolitical.com
Why it matters
The earnings results reflect the company's current financial health, showing a debt-to-equity ratio of 5.74 and a quick ratio of 0.78. Institutional investors have also recently adjusted their positions, with State of Alaska Department of Revenue lifting its holdings by 32.9% in the third quarter.
From dailypolitical.com
Who's involved
- USA TodayUS-based media company that released quarterly earnings
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The entities involved
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USA Today
American national daily newspaper
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