Did This Crypto Millionaire Humiliate Himself?
On September 2022, crypto millionaire James Altucher published a video saying he had sold all his Bitcoin... and doubled down on this crypto instead. At the time, cryptos had already dropped 70%. But James still said this crypto was a good investment. Was he right? Or did he embarrass himself?
Financials
| Curr Year EPS Estimate | -0.39 |
| Next Quarter EPS Estimate | -0.21 |
| Profit Margin | -0.20 |
| Return on Assets | 0.04 |
| Return on Equity | -1.00 |
| Revenue | 3,405,669,888 |
| Earnings Per Share | -5.09 |
| Revenue Per Share | 25.85 |
| Gross Profit | 1,371,398,000 |
| Quarterly Revenue Growth | 0.25 |
General
| Name | Gannett Co., Inc |
| Ticker | GCI |
| Exchange | NYSE |
| Sector | Communication Services |
| Industry | Publishing |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 18,100 |
About Gannett Co., Inc
Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through two segments, Publishing and Digital Marketing Solutions. The company's principal products include 253 daily newspapers with total paid circulation of approximately 2.6 million and Sunday circulation of 3.0 million; 308 weekly newspapers with total circulation of approximately 1.6 million; and 375 locally-focused Websites. Its principal products also comprise 121 daily and weekly news media brands and approximately 100 magazines, and related digital platforms; USATODAY.com and mobile applications, and sports network, as well as Reviewed.com, an affiliate marketing service; and USA TODAY NETWORK, a community events platform. The company also offers digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions. In addition, it produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, the company offers local market news and information, as well as advertising and subscriptions, and commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. Additionally, it produces approximately 250 events with a collective attendance approximately 700,000. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was founded in 1997 and is headquartered in McLean, Virginia.
Earnings
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