Dallasnews Corporation Stock Price, News & Analysis

The Dallas Morning News has launched its online Voter Guide for North Texans ahead of the March 1, 2022 primary election.

This guide features candidate comparisons on key issues and a customizable sample ballot tool. The Editorial Board compiled the guide, which also includes links to recommendations for the general election and a list of 351 candidates across 123 races. DallasNews Corporation (Nasdaq: DALN) oversees this initiative, reinforcing its role as a strong community-based media source.

Medium Giant is the new name of Belo + Company, as announced by President Eric Myers on Dec. 13, 2021. This rebranding reflects the agency's evolution into a full-service media and marketing firm. Under DallasNews Corporation, Medium Giant offers clients across the U.S. a range of intelligence-driven, technology-enabled solutions. Myers emphasized that the name encapsulates the company's legacy while focusing on client growth. With offices in Dallas, Denver, and Tulsa, Medium Giant addresses various services, including branding, web development, and inbound marketing.

DallasNews Corporation (Nasdaq: DALN) has declared a quarterly cash dividend of $0.16 per share on December 2, 2021. This dividend is payable on March 4, 2022 to shareholders of record as of February 11, 2022. DallasNews Corporation is recognized as Texas's leading local news publisher, expanding into emerging media and digital marketing. The company maintains a robust infrastructure for commercial printing and distribution, aiming to deliver news innovatively to various audiences.

DallasNews Corporation (Nasdaq: DALN) reported a third quarter 2021 net income of $1.6 million or $0.30 per share, compared to a net loss of $0.1 million in Q3 2020. The operating loss was $2.6 million, with an adjusted operating loss of $1.2 million, reflecting increased employee costs and revenue-related expenses. Total revenue rose 1.5% to $38.3 million, driven by a 3.6% increase in advertising and marketing services revenue. Digital subscriptions saw significant growth, with a 42.5% increase in digital-only revenue. Cash and equivalents are at $34.7 million with no debt.

DallasNews Corporation (Nasdaq: DALN) will announce its third quarter 2021 financial results on October 26, 2021, before the market opens. A conference call is scheduled for the same day at 9:00 a.m. CDT, which will be accessible via webcast on their investor relations website. A replay will be available after the call. DallasNews is noted for its leadership in local news and information publishing in Texas, with a focus on innovative media and marketing solutions.

DallasNews Corporation (Nasdaq: DALN) announced a quarterly cash dividend of $0.16 per share on September 22, 2021. This dividend will be paid on December 3, 2021 to shareholders of record by November 12, 2021. As a leading local news provider in Texas, DallasNews is expanding its presence in digital marketing and emerging media while maintaining traditional publishing and distribution capabilities.

DallasNews Corporation (Nasdaq: DALN) announced the election of Dunia A. Shive as a director on September 22, 2021. Shive brings 30 years of media industry experience, previously serving as CEO of Belo Corp. and senior vice president at TEGNA. She will participate in the compensation and management development committee, as well as the nominating and corporate governance committee. Shive’s election aims to enhance the board's perspective during DallasNews’ transition to a sustainable digital news provider. She will stand for re-election at the 2022 annual meeting.

DallasNews Corporation (Nasdaq: DALN) reported a net loss of $1.5 million, or $(0.28) per share, for Q2 2021, an improvement from a net loss of $3.4 million, or $(0.64) per share, in Q2 2020. Total revenue increased to $38.7 million, up 9.2% year-over-year, with advertising and marketing revenues rising by 19.3%. The company's cash position remains strong at $39 million with no debt. However, total operating expenses rose to $41.7 million, primarily due to increased employee compensation and advertising costs. A conference call discussing the results is scheduled for July 27, 2021.

DallasNews Corporation (Nasdaq: DALN) announced Katrice Hardy as the new Executive Editor of The Dallas Morning News, effective August 12, 2021. Hardy, a 26-year newspaper veteran and the first female and African American in this role, previously served as Executive Editor of the Indianapolis Star. Under her leadership, the Indianapolis Star won a Pulitzer Prize for investigative reporting. Hardy is known for her commitment to journalism, diversity, and audience growth, and aims to enhance the news organization's impact within the Dallas community.