24/7 Market News- DallasNews Reports Q2 2024 Financial Results
DENVER, Colo., Jul 31, 2024 (247marketnews.com)- DallasNews Corporation (Nasdaq: DALN) reported net income of $1.5 million, or $0.27 per share, and operating income of $0.6 million for the second quarter of 2024, compared to a net loss of $0.9 million, or $(0.16) per share, and an operating loss of $1.2 million, for the second quarter of 2023.
Grant Moise, CEO of DallasNews Corporation, commented, “The second quarter showed positive year-over-year financial performance due to disciplined expense management and improved revenue performance from Medium Giant and Circulation at The Dallas Morning News. I am very pleased with the team’s performance, and these improved results continue to move us closer to our goal of becoming a sustainably profitable media and marketing company.”
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