DallasNews Corporation Announces First Quarter 2024 Financial Results
For the first quarter of 2024, on a non-GAAP basis, DallasNews reported an operating loss adjusted for certain items (“adjusted operating loss”) of $0.8 million, an improvement of $1.4 million or 64.0 percent when compared to an adjusted operating loss of $2.2 million reported in the first quarter of 2023.
- For the first quarter of 2024, on a non-GAAP basis, DallasNews reported an operating loss adjusted for certain items (“adjusted operating loss”) of $0.8 million, an improvement of $1.4 million or 64.0 percent when compared to an adjusted operating loss of $2.2 million reported in the first quarter of 2023.
- Circulation revenue was $16.3 million in the first quarter of 2024, an increase of $0.3 million or 1.8 percent when compared to the $16.0 million reported for the first quarter of 2023.
- Total consolidated operating expense in the first quarter of 2024, on a GAAP basis, was $32.9 million, an improvement of $5.1 million or 13.4 percent when compared to the first quarter of 2023.
- DallasNews Corporation will conduct a conference call on Thursday, May 16, 2024, at 9:00 a.m. CDT to discuss financial results.