Providence Journal parent posts $121M loss in 2019

GANNETT CO., the parent company of The Providence Journal, reported a $121.2 million loss for 2019. / PBN FILE PHOTO/ARTISTIC IMAGES
GANNETT CO., the parent company of The Providence Journal, reported a $121.2 million loss for 2019. / PBN FILE PHOTO/ARTISTIC IMAGES
PROVIDENCE – Gannett Co., parent company of The Providence Journal and several other local publications, lost $121.2 million for 2019, according to the company Thursday. The company reported a profit of $18.1 million in 2018. Loss per diluted share was $1.77 for 2019, compared with a profit of 31 cents one year prior. The company,…

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