Welcome to our dedicated page for Dallasnews news (Ticker: DALN), a resource for investors and traders seeking the latest updates and insights on Dallasnews stock.
DallasNews Corporation was the public holding company of The Dallas Morning News and Medium Giant before its completed 2025 merger with Hearst Media West. Company updates for DALN centered on operating and financial results, material agreements, shareholder voting matters, governance actions, and capital-structure disclosures tied to its Series A and Series B common stock.
Subsequent corporate-status developments include completion of the merger, the company surviving as a wholly owned subsidiary of Hearst Media West, and the removal and termination process for its former public-company registration and listing obligations.
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DallasNews Corporation (Nasdaq: DALN) reported a net loss of $2.6 million or $(0.49) per share for Q1 2023, matching the loss reported in Q1 2022. Total revenue decreased by $1.1 million (3.0%) to $35.2 million, driven by a decline in advertising and marketing services revenue by 5.9% to $15.3 million, primarily due to a 12.3% drop in print advertising. Circulation revenue remained stable at $16.0 million, with a notable 21.9% increase in digital-only subscription revenue offsetting print declines. Adjusted operating loss increased to $2.2 million from $1.6 million year-over-year. Operating expenses improved by 2.1% to $38.0 million, aided by $1.0 million in distribution expense savings. The company maintained a cash balance of $25.8 million with no debt. A financial results conference call is scheduled for April 25, 2023.
DallasNews Corporation (NASDAQ: DALN) announced that it will release its first quarter 2023 financial results on April 25, 2023, before the market opens. A conference call will take place at 9:00 a.m. CDT on the same day, allowing investors to gain insights into the company's performance.
The call will be accessible via a webcast on the DallasNews website, with an archive available afterwards. Investors can also listen in by dialing 1-877-226-8196, using access code 5560218. A replay will be offered post-event until May 1, 2023.
Operating in Dallas, DallasNews Corporation is recognized for its flagship property, The Dallas Morning News, and its media agency, Medium Giant, serving to enhance community engagement and business growth.