STOCK TITAN

Daily Journal Corporation - DJCO STOCK NEWS

Welcome to our dedicated news page for Daily Journal Corporation (Ticker: DJCO), a resource for investors and traders seeking the latest updates and insights on Daily Journal Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Daily Journal Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Daily Journal Corporation's position in the market.

Rhea-AI Summary
Daily Journal (DJCO) faces Nasdaq compliance issue due to director's death. The company has until November 28, 2024, to regain compliance by filling the vacant audit committee position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
none
-
Rhea-AI Summary
Daily Journal Corporation (DJCO) reported consolidated revenues of $15,993,000 for the three months ended December 31, 2023, showing an increase of $3,692,000 from the prior year. Journal Technologies’ business segment saw a significant pretax income increase of $1,987,000, while the Traditional Business experienced a decrease in pretax income. The Company’s non-operating income decreased due to various factors. Consolidated pretax income was $15,740,000, with net income of $12,615,000 ($9.16 per share) for the period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.76%
Tags
-
Rhea-AI Summary
Daily Journal Corporation (NASDAQ:DJCO) reported consolidated revenues of $67,709,000 for fiscal 2023, an increase of $13,700,000 from the prior year. The Traditional Business’ pretax income increased to $2,384,000 from $702,000, and Journal Technologies’ business segment pretax income increased to $4,268,000 from $1,287,000. The company recorded consolidated net income of $21,452,000 ($15.58 per share) for fiscal 2023, compared to a consolidated net loss of $75,624,000 (-$54.81 per share) in the prior fiscal year. At September 30, 2023, the company held marketable securities valued at $303,128,000, including net pretax unrealized gains of $137,716,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
Rhea-AI Summary
Daily Journal Corporation (DJCO) mourns the passing of Charles T. Munger, a legendary figure known for his contributions at Berkshire Hathaway and his instrumental role in charting the course and financial performance of Daily Journal and Journal Technologies. His passing leaves a significant impact on the company's future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
-
Rhea-AI Summary
During the nine months ended June 30, 2023, Daily Journal Corporation (NASDAQ:DJCO) reported consolidated revenues of $46,159,000, a $10,657,000 increase from the prior year. The increase was primarily driven by Journal Technologies' consulting fees, license and maintenance fees, and other public service fees. The Traditional Business segment saw an increase in pretax income, while Journal Technologies' business segment reported a significant increase in pretax income due to higher revenues. The Company sold certain marketable securities for $2,826,000, realizing net gains of $422,000. Consolidated pretax income for the period was $37,577,000, compared to a pretax loss of $40,532,000 in the prior year. The Company held marketable securities valued at $316,038,000 at June 30, 2023, with net pretax unrealized gains of $150,626,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
Daily Journal Corporation

Nasdaq:DJCO

DJCO Rankings

DJCO Stock Data

465.27M
1.25M
9.54%
52.07%
1.19%
Newspaper Publishers
Information
Link
US
Los Angeles

About DJCO

the daily journal corporation's largest publications are the los angeles and san francisco daily journals, along with california lawyer. the daily journal provides news of interest to californian lawyers and includes profiles of judges, appellate decisions and other legal information. california lawyer is a monthly magazine available at no charge to all active california attorneys. the company specializes in public notice advertising, publishing state-mandated notices of death, fictitious business names, and trustee sale notices.