Gannett, publisher of USA Today, reported a 53 per cent decline in third-quarter net profit, but exceeded its own expectations on improved advertising spending trends and steep cost cuts.
Shares rose 2.5 per cent before the bell.
Gannett profits fall 53% but beat expectations
By Kenneth Li in New York
Published: October 19 2009 14:13 | Last updated: October 19 2009 14:13
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