From Zacks Investment Research: 2025-05-06 15:32:00

Shares of DallasNews Corporation (DALN) have dropped 12.4% since reporting earnings for Q1 2025, contrasting the S&P 500’s 1.6% growth. Net income rose to $5.28 per share, with revenue falling 6.4% to $29.1 million, driven by declines in advertising, circulation, and other areas. Advertising and marketing services revenue decreased by 7.2% to $10.8 million, with print advertising dropping 12.2%. CEO Grant Moise highlighted the strategic sale of the Plano printing facility, unlocking capital and fully funding pension obligations. The company also completed its printing operations transition, anticipating cost savings in May.



Read more at Zacks Investment Research: DallasNews’ Q1 Earnings Up Y/Y on Asset Sale, Stock Falls 12% – May 6, 2025