Welcome to our dedicated page for Daily Journal news (Ticker: DJCO), a resource for investors and traders seeking the latest updates and insights on Daily Journal stock.
Daily Journal Corporation reports developments in its publishing and technology businesses under the DJCO symbol. The company publishes news and specialized publications for California and Arizona, handles public notice advertising, and operates Journal Technologies, Inc., which provides case management software, e-filing, fee payment and related online services for courts, justice agencies and government organizations.
Recurring updates cover consolidated results, Traditional Business advertising and circulation trends, Journal Technologies license, maintenance, consulting and public service fees, product modernization and implementation capacity, marketable securities, capital allocation, annual meeting materials, board governance and public responses to questions about software-development cost accounting.
Daily Journal Corporation (Nasdaq: DJCO) reported third quarter fiscal 2026 total revenue of $27.0 million, up 15.3% from $23.4 million, driven mainly by Journal Technologies, Inc. (JTI). JTI revenue rose 19.5% to $22.1 million, while Traditional Business advertising and circulation revenue was $4.8 million, down 0.8%.
For the first nine months of fiscal 2026, total revenue was $69.2 million, a 16.8% increase from $59.3 million, with JTI revenue up 21.0% to $55.6 million and Traditional Business revenue up 2.4% to $13.7 million. Income from operations increased to $5.3 million for the quarter (from $3.2 million) and to $8.7 million year-to-date (from $4.9 million). However, DJCO reported a quarterly net loss of $10.9 million, or ($7.90) per share, versus net income of $14.4 million a year earlier, and a nine‑month net loss of $53.5 million versus net income of $70.0 million, primarily due to net unrealized losses on marketable securities of $24.1 million for the quarter and $87.0 million year‑to‑date. As of June 30, 2026, marketable securities had a fair value of $406.0 million with accumulated pretax unrealized gains of $266.9 million, and net cash provided by operating activities for the nine months was $12.9 million, up from $8.8 million.
Daily Journal (Nasdaq: DJCO) reported strong revenue growth but a net loss for Q2 and first half fiscal 2026.
- Q2 revenue was $22.7M, up 25% year over year; first half revenue was $42.3M, up 17.8%.
- Journal Technologies Q2 revenue rose 32.2% to $18.2M; first half reached $33.4M, up 22%.
- Income from operations improved to $3.0M in Q2 and $3.5M for the first half.
- Q2 net loss was $34.6M and first half net loss was $42.6M, mainly due to net unrealized losses on marketable securities of $51.2M in Q2 and $62.9M for the first half.
- Marketable securities had a fair value of $430.1M with pretax unrealized gains of $291.0M at March 31, 2026.
- Net cash used in operating activities was $2.2M in Q2 2026.
Daily Journal Corporation (Nasdaq: DJCO) reported Q1 FY2026 revenue of $19.5 million, a 10% year-over-year increase driven by Journal Technologies. Journal Technologies revenue rose to $15.2 million (+12%); Traditional business revenue was $4.4 million (+6%).
Income from operations was $0.5 million/b}; the quarter showed a (loss per share $5.79), primarily due to $11.7 million net unrealized losses on marketable securities. Marketable securities fair value totaled $481.3 million with accumulated pretax unrealized gains of $342.2 million.
Summary not available.
Daily Journal Corporation (Nasdaq: DJCO) reported fiscal year 2025 results for the year ended September 30, 2025. Total revenue was $87.7M, up 25% YoY, driven by Journal Technologies revenue of $69.9M (up 32% YoY). Operating income was $9.5M (10.9% of revenue) versus 5.8% a year earlier. Net income rose to $112.1M or $81.41 per diluted share, a 44% increase. The company generated $13.3M in operating cash flow and reported $493.0M in marketable securities fair value with pretax unrealized gains of $134.3M for the year. Journal Technologies secured 17 multi-year contracts with courts and government agencies.
Summary not available.
Daily Journal Corporation (NASDAQ:DJCO) has issued a press release addressing allegations from Buxton Helmsley USA, Inc. (BuHeUI) regarding its software accounting practices. The company firmly refutes claims made by BuHeUI's CEO Alexander E. Parker, who alleged DJCO was improperly expensing software development costs instead of capitalizing them under ASC 985-20.
The company's Audit Committee, along with accountants and third-party experts, confirmed that DJCO's current accounting practices are correct. The company explained that while some software companies capitalize costs under ASC 350-40 for internal-use software, DJCO's products primarily involve licensed software delivered to customers, making ASC 985-20 the appropriate standard. The company maintains that Parker's analysis was fundamentally flawed, including his misinterpretation of practices at Tyler Technologies and Galaxy Gaming.
Daily Journal Corporation (NASDAQ:DJCO) reported strong financial results for the nine months ended June 30, 2025, with consolidated revenues reaching $59.3 million, up from $50.1 million in the prior year period. The company's Journal Technologies segment showed significant growth, with pretax income increasing by $3.9 million to $4.7 million.
The company's investment portfolio remained robust, holding marketable securities valued at $443 million, including net pretax unrealized gains of $303.9 million. Consolidated net income rose to $70 million ($50.81 per share), compared to $51.4 million ($37.32 per share) in the prior year period. The effective tax rate for the period was 25.9%.
Daily Journal Corporation (NASDAQ:DJCO) has issued a press release addressing recent allegations from Buxton Helmsley USA and its CEO Alexander E. Parker regarding the company's software development cost accounting practices. The controversy centers around Parker's claim that DJCO should capitalize rather than expense software development costs, potentially unlocking "$160+ million in incremental equity value."
Parker demanded $24 million worth of company equity as compensation and two board seats. After DJCO's Audit Committee decided to engage an independent accounting consultant instead, Parker escalated by reporting the company to the SEC's Enforcement Division and calling for the resignation of DJCO's CEO and CFO.
The company maintains its current accounting practices are correct and have been reviewed by three different national accounting firms. DJCO has proactively reached out to the SEC to discuss their software development accounting practices.