DallasNews Corporation

The Dallas Morning News Plans Full Coverage of the Total Eclipse

Retrieved on: 
Monday, April 1, 2024
Transport, Travel, DallasNews Corporation, Metro, News, The Dallas Morning News

“Many of us in North Texas know we’re in the prime location for viewing the four-plus minutes of total solar coverage.

Key Points: 
  • “Many of us in North Texas know we’re in the prime location for viewing the four-plus minutes of total solar coverage.
  • More than 60 journalists will produce eclipse coverage across North Texas and other key spots in Texas – including Eagle Pass, Glen Rose and Hillsboro.
  • A one-stop shop for dynamic coverage on dallasnews.com has everything readers need to know about the eclipse.
  • The next total eclipse in North Texas will be on July 9, 2317 — some 293 years from now.

DallasNews Corporation Announces Promotion of Cathy Collins to Chief Financial Officer

Retrieved on: 
Monday, March 18, 2024
Accounting, Marketing, Growth, Controller, DallasNews Corporation

DALLAS, March 18, 2024 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) announced today that Cathy Collins had been promoted to Chief Financial Officer effective March 18, 2024, reporting to Katy Murray, President of DallasNews Corporation.

Key Points: 
  • DALLAS, March 18, 2024 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) announced today that Cathy Collins had been promoted to Chief Financial Officer effective March 18, 2024, reporting to Katy Murray, President of DallasNews Corporation.
  • Over the last six years, Cathy has served in multiple progressive finance leadership roles.
  • Over the last six years, Cathy has strengthened not only her public accounting capabilities, but her financial planning and financial analysis competencies.
  • I am confident that her transition into this role will be smooth, and I am very excited that she will be joining the Company’s management committee.”
    When asked about her promotion, Collins said, “I am deeply honored to step into the role of Chief Financial Officer at DallasNews Corporation.

DallasNews Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024
CST, Preprint, Investment, Marketing, CDT, Digital, Advertising, DallasNews Corporation, GAAP, Webcast, Publication, Depreciation, Video game

In the fourth quarter, we executed a successful voluntary severance offering which was a necessary step to improve our operating margins entering 2024.”

Key Points: 
  • In the fourth quarter, we executed a successful voluntary severance offering which was a necessary step to improve our operating margins entering 2024.”
    Total revenue was $34.0 million in the fourth quarter of 2023, a decrease of $5.1 million or 13.1 percent when compared to the fourth quarter of 2022.
  • Circulation revenue was $17.1 million in the fourth quarter of 2023, an increase of $0.5 million or 3.2 percent when compared to the fourth quarter of 2022.
  • Total consolidated operating expense in the fourth quarter of 2023, on a GAAP basis, was $36.5 million, an improvement of $4.6 million or 11.2 percent when compared to the fourth quarter of 2022.
  • DallasNews Corporation will conduct a conference call on Thursday, March 7, 2024, at 9:00 a.m. CST to discuss financial results.

The Dallas Morning News restarts ‘High Profile’ section

Retrieved on: 
Tuesday, March 5, 2024
Name, Culture, Dallas Cowboys Cheerleaders, DallasNews Corporation, History, Paper, News

DALLAS, March 05, 2024 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) and The Dallas Morning News are launching a lively, refreshed and modern take on our region’s big and diverse personalities. “High Profile,” within The News’ Arts & Life section, will offer a behind-the-scenes look at the creative, inspiring, influential and nontraditional players in our community.

Key Points: 
  • “High Profile,” within The News’ Arts & Life section, will offer a behind-the-scenes look at the creative, inspiring, influential and nontraditional players in our community.
  • “Dallas has undeniably changed and grown since ‘High Profile’s first run ended in 2005,” said Katrice Hardy, The News’ executive editor.
  • Sarah Hepola will be the primary writer for “High Profile.” She is a Dallas native whose essays have appeared in leading national publications.
  • We have so much to learn from each other, and Dallas has some of the best characters in the country.”
    The section will debut Sunday, March 17.

DallasNews Corporation Announces Schedule for Fourth Quarter and Full Year 2023 Financial Results Release and Conference Call

Retrieved on: 
Wednesday, February 28, 2024
CDT, DallasNews Corporation, Webcast, CST

DALLAS, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) said today that it will release fourth quarter and full year 2023 financial results before the market opens on Thursday, March 7, 2024.

Key Points: 
  • DALLAS, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) said today that it will release fourth quarter and full year 2023 financial results before the market opens on Thursday, March 7, 2024.
  • A conference call will be held on Thursday, March 7, 2024 at 9:00 a.m. CST.
  • The conference call will be simultaneously webcast on DallasNews Corporation’s website at investor.dallasnewscorporation.com/events .
  • To access the listen-only conference call, dial 1-844-291-6362 and enter the following access code when prompted: 4561809.

DallasNews Corporation Announces First Quarter 2024 Dividend

Retrieved on: 
Thursday, December 7, 2023
DallasNews Corporation

DALLAS, Dec. 07, 2023 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) announced today that its Board of Directors declared a quarterly cash dividend of $0.16 per share on December 7, 2023.

Key Points: 
  • DALLAS, Dec. 07, 2023 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) announced today that its Board of Directors declared a quarterly cash dividend of $0.16 per share on December 7, 2023.
  • The dividend will be payable on March 1, 2024, to shareholders of record at the close of business on February 9, 2024.

DallasNews Corporation Announces Successful Voluntary Severance Program

Retrieved on: 
Monday, November 13, 2023
Giant, Workforce, Newsroom, News, DallasNews Corporation, Growth, Innovation

DALLAS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN), the parent company of The Dallas Morning News and Medium Giant, announced on September 13, 2023 a limited voluntary staff reduction program would be offered across all departments to eligible individuals at The News and Medium Giant.

Key Points: 
  • DALLAS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN), the parent company of The Dallas Morning News and Medium Giant, announced on September 13, 2023 a limited voluntary staff reduction program would be offered across all departments to eligible individuals at The News and Medium Giant.
  • The voluntary staff reduction program closed at noon on Tuesday, November 7, 2024.
  • The Company received and approved 58 requests, representing 9 percent of the workforce, from across the Company to participate in the program.
  • “Like any business, DallasNews Corporation must be profitable to be a healthy and sustainable organization,” said Grant Moise, the Company’s Chief Executive Officer and Publisher of The News.

DallasNews Corporation Announces Chris Patheiger as Chief Product and Innovation Officer

Retrieved on: 
Monday, November 13, 2023
Marketing, Toronto Star, Management, Torstar, DallasNews Corporation, Family, Innovation, News, Corporation

DALLAS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) announced today that Chris Patheiger has been named Chief Product and Innovation Officer effective January 2, 2024.

Key Points: 
  • DALLAS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) announced today that Chris Patheiger has been named Chief Product and Innovation Officer effective January 2, 2024.
  • Chris comes to DallasNews Corporation from Torstar Corporation, publisher of the Toronto Star, where he spent the last two years as Chief Product and Data Officer.
  • Chris has over 13 years of senior executive experience leading product, data, technology, and marketing teams to create and commercialize digital products.
  • Katy Murray, President and Chief Financial Officer of DallasNews Corporation, shared the following about Chris: “In this role, Chris will be responsible for product development, data analytics and ensuring our digital products are meeting the evolving needs of our customers.

DallasNews Corporation Announces Third Quarter 2023 Financial Results

Retrieved on: 
Monday, October 23, 2023
Journalism, Preprint, DallasNews Corporation, GAAP, Newsroom, Advertising, News, Marketing, Webcast, Total, Investment, Fentanyl, CDT, Pharmaceutical industry, Video game

For the third quarter of 2023, on a non-GAAP basis, DallasNews reported an operating loss adjusted for certain items (“adjusted operating loss”) of $0.9 million, an improvement of $0.7 million or 44.8 percent when compared to an adjusted operating loss of $1.6 million reported in the third quarter of 2022.

Key Points: 
  • For the third quarter of 2023, on a non-GAAP basis, DallasNews reported an operating loss adjusted for certain items (“adjusted operating loss”) of $0.9 million, an improvement of $0.7 million or 44.8 percent when compared to an adjusted operating loss of $1.6 million reported in the third quarter of 2022.
  • Grant Moise, Chief Executive Officer, said, “In 2023, we have experienced mixed revenue results.
  • Circulation revenue was $16.2 million in the third quarter of 2023, flat when compared to the third quarter of 2022.
  • DallasNews Corporation will conduct a conference call on Tuesday, October 24, 2023, at 9:00 a.m. CDT to discuss financial results.

DallasNews Corporation Announces Schedule for Third Quarter 2023 Financial Results Release and Conference Call

Retrieved on: 
Monday, October 16, 2023
CDT, Webcast, DallasNews Corporation

DALLAS, Oct. 16, 2023 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) said today that it will release third quarter 2023 financial results before the market opens on Tuesday, October 24, 2023.

Key Points: 
  • DALLAS, Oct. 16, 2023 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) said today that it will release third quarter 2023 financial results before the market opens on Tuesday, October 24, 2023.
  • A conference call will be held on Tuesday, October 24, 2023 at 9:00 a.m. CDT.
  • The conference call will be simultaneously webcast on DallasNews Corporation’s website at investor.dallasnewscorporation.com/events .
  • A replay line will be available at 1-866-207-1041 from 12:00 p.m. CDT on October 24, 2023 until 11:59 p.m. CDT on October 30, 2023.