DallasNews Corporation Announces Fourth Quarter and Full Year 2022 Financial Results
DALLAS, March 09, 2023 (GLOBE NEWSWIRE) — DallasNews Corporation (Nasdaq:DALN) today reported a fourth quarter 2022 net loss of $2.1 million, or $(0.40) per share, and an operating loss of $1.9 million. In the fourth quarter of 2021, the Company reported net income of $2.1 million, or $0.40 per share, and an operating loss of $0.7 million. The fourth quarter 2021 net income includes a non-cash pension benefit of $1.0 million and cash proceeds of $1.3 million related to the sale of inactive IP addresses.
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