ProJo parent company posts $142M loss in Q1

GANNETT CO., parent company of The Providence Journal and other local papers, reported a $142 million loss in the first quarter of 2021. / PBN FILE PHOTO/ARTISTIC IMAGES
PROVIDENCE – Gannett Co., parent company of The Providence Journal and other local papers, posted a $142 million loss in the first quarter of 2021, compared with a loss of $80.6 million one year prior, the company reported Friday. Company revenue totaled $777.1 million for the quarter, a decline from $948.7 million one year prior.…

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