Gannett Q1 earnings rise 4% due to digital unit revenue gain

April 21, 2015 12:45 PM

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Gannett, the media company that owns USA TODAY and local TV stations, said Tuesday adjusted first quarter earnings rose 4% to $112.8 million, driven largely by its digital unit's sharp revenue gain.

Adjusted earnings per share of 49 cents beat analysts' consensus estimate of 45 cents.

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