Table of Contents Commission file no. 1-33741 DallasNews CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) P. O. Box 224866, Dallas, Texas 75222-4866 (214) 977-8869 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 OR ¨ TRANSIT ...

DallasNews Corp. (NASDAQ:DALN) Q1 2023 Results Conference Call April 25, 2023 10:00 AM ET Company Participants Gary Cobleigh - VP, Controller Grant Moise - CEO Katy Murray - President, CFO Conference Call Participants Chris Mooney - Wedbush Securities Operator Ladies and gentlemen, thank you for standing by. Welcome to the DallasNews First Quarter 2023 Investor Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to our host, Gary Coble ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file no. 1-33741 DallasNews CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Empl ...

Financial Data and Key Metrics Changes - For Q4 2022, DallasNews Corporation reported a net loss of $2.1 million or $0.40 per share, compared to a net income of $2.1 million in Q4 2021 [8][12] - The total revenue for Q4 2022 was $39.1 million, down from $40.6 million in Q4 2021, primarily due to an 8.1% reduction in print advertising revenue [9][10] - For the full year 2022, the company reported a net loss of $9.8 million or $1.83 per share, compared to a net loss of $0.5 million in 2021 [12] - Total revenue for the year was $150.7 million, down from $154.4 million in 2021, with a decline in print advertising revenue of 5.6% [14] Business Line Data and Key Metrics Changes - Print advertising revenue decreased by $2.7 million or 5.6% for the year, while digital advertising and marketing services revenue fell by $900,000 or 3.6% [14] - Circulation revenue increased by $200,000 year-over-year, driven by a focus on growing digital subscriptions, with digital-only subscribers reaching 68,010, a 14.4% increase [15] - Other revenue decreased by $400,000 or 2.3%, primarily due to reductions in revenue from mailed advertisements and commercial printing [16] Market Data and Key Metrics Changes - The average newsprint consumption price increased by 27% year-over-year, reaching $728 per metric ton compared to $572 in 2021 [18] - The company noted that automotive advertising has significantly declined, while financial services advertising has shown strong growth [40][41] Company Strategy and Development Direction - The company is focused on becoming a sustainably profitable digital media and marketing services company, with a strong emphasis on digital membership revenue growth [21][22] - Investments are being made in digital and analytics talent, digital platforms, and new digital-first positions in the newsroom [26] - The company is strategically exiting low-margin sales in digital advertising to focus on higher-margin marketing services [49] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about stabilizing print membership and advertising revenue despite challenges from inflation and rising newsprint costs [34][38] - The company is currently experiencing a rebound in revenue trends, particularly in the first quarter of 2023 [42][43] - Management acknowledged the external economic pressures but remains focused on returning to growth [45][49] Other Important Information - As of December 31, the company had $27.8 million in cash, with an expectation of cash taxes around $650,000 in 2023 [18][19] - The company is in a nationwide search for a new president of Medium Giant, which focuses on digital marketing services [25] Q&A Session Summary Question: Insights into advertising sector trends - Management noted stabilization in grocery advertising due to competition from HEB, while automotive advertising remains weak [39] Question: Trends in newsprint costs and advertising - Management indicated that newsprint costs have risen significantly, but they are optimistic about not seeing further increases this year [30][31] Question: Challenges in the current phase of the RTG plan - Management highlighted external economic factors and the need for consistent digital growth as key challenges [44][46]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2022 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commissions file no. 1-33741 DallasNews CORPORATION (Exact name of registrant as specified in its charter) (Address of principal executive offices, including zip code) (Registrant's telephone number, includin ...

DallasNews Corporation (NASDAQ:DALN) Q3 2022 Results Conference Call October 26, 2022 10:00 AM ET Company Participants Gary Cobleigh - VP and Controller Katy Murray - President and Chief Financial Officer Grant Moise - CEO and Director Operator Ladies and gentlemen, thank you for standing by. Welcome to the DallasNews Corporation Investor Conference Call. [Operator Instructions] And as a reminder, your call today is being recorded. I'll now turn the conference call over to your host, Corporate Vice Presiden ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | Form 10-Q | | | þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2022 | | | OR | | | ¨ TRANSITION REPORT PURSUANT TO SECTI ...

Financial Data and Key Metrics Changes - For Q2 2022, DallasNews Corporation reported a net loss of $2.4 million or $0.45 per share, compared to a net loss of $1.5 million in Q2 2021 [7] - Total net revenue for the quarter was $37.6 million, down from $38.7 million year-over-year, primarily due to an $800,000 reduction in print advertising revenue [9] - Adjusted operating loss was $1 million, which is $500,000 greater than the $600,000 loss for the same period last year [8] Business Line Data and Key Metrics Changes - Circulation revenue increased by $200,000 compared to Q2 2021, driven by growth in digital circulation revenue [10] - The Dallas Morning News had 62,688 digital-only subscribers, an 18.4% year-over-year increase, while total subscribers decreased to 146,065 from 146,564 [10][11] - Total adjusted operating expenses were $43.9 million, an improvement of $1.7 million from last year, mainly due to savings in distribution and compensation [11] Market Data and Key Metrics Changes - Newsprint prices averaged $708 per metric ton in Q2 2022, a 31% increase from $544 per metric ton in Q2 2021 [19] - Average gas prices rose from $2.65 per gallon in Q2 2021 to $4.12 per gallon in Q2 2022, reflecting a 55% increase [19] Company Strategy and Development Direction - The company aims to become a sustainably profitable digital-first entity, focusing on enhancing its digital marketing services through Medium Giant [15][16] - There is a strategic shift to optimize pricing in response to rising price sensitivity in the market [18] - The company is exploring capital allocation options, including a special dividend and voluntary pension contributions [20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's progress and the potential for continued success despite external market conditions [7][13] - The timeline to profitability is expected to take multiple years, with ongoing investments in the business to improve quality and content [52][59] - Management is monitoring supply chain issues affecting advertising categories, particularly automotive advertising, which has seen a significant decline [61] Other Important Information - Cash on the balance sheet was $27 million as of June 30, increasing to $30 million by July 22 [12] - The company expects full payment of a $22.4 million note receivable from Charter Holdings, which will enhance its cash position [20] Q&A Session Summary Question: What is the timeline to profitability? - Management indicated that returning to sustainable profitability will take time, potentially several years [52][63] Question: What magnitude could shareholders expect for a special dividend? - The size of a potential special dividend will depend on the cash balance needed for future investments and operational needs [55] Question: Why wait until the September Board meeting to make decisions on capital allocation? - Management stated that while the September meeting is scheduled, discussions on capital allocation will occur as soon as the payment is received [27][28]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | Form 10-Q | | þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2022 | | OR | | ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...

Financial Data and Key Metrics Changes - The company reported a net loss of $2.6 million or $0.49 per share for Q1 2022, compared to a net loss of $2.8 million in Q1 2021, indicating a slight improvement [6] - Total net revenue for the quarter was $36.3 million, down from $36.8 million in the same period last year, primarily due to a $600,000 reduction in print advertising revenue [7] - On a non-GAAP basis, the adjusted operating loss improved by $700,000 or 30.6% to $1.6 million compared to $2.4 million in Q1 2021 [6] Business Line Data and Key Metrics Changes - Digital advertising and marketing services revenue increased by $100,000, partially offsetting the decline in print advertising revenue [7] - Circulation revenue increased by $100,000 year-over-year, driven by an increase in total members and effective pricing strategies [8] - Digital-only subscribers reached 62,356, representing a 22.6% year-over-year increase [10] Market Data and Key Metrics Changes - The company experienced supply chain issues affecting certain advertisers, particularly in key categories [8] - Membership revenue continued to grow in the mid-40% range year-over-year, contributing to stable subscription revenue [13] Company Strategy and Development Direction - The company aims to become a sustainably profitable digital news and information company, supported by a strong balance sheet [11] - There is a focus on enhancing diversity, equity, and inclusion (DEI) within the workforce, which is seen as a business advantage [22][23] - The company is actively monitoring commodity prices, particularly newsprint, and is working to mitigate financial impacts from price increases [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the positive circulation results and the potential for continued growth [16] - The company is prepared for market volatility and inflation, with contingency plans in place [18] - There is a commitment to investing in resources and technology to support accurate news delivery [17] Other Important Information - Cash on the balance sheet was reported at $31 million as of March 31, 2022 [10] - The company anticipates receiving $22.7 million in interest and principal payments from Charter Holdings on June 30 [11] Q&A Session Summary Question: Can you explain DEI or CEI? - DEI stands for diversity, equity, and inclusion, which the company is focusing on to expand its workforce and create business advantages [22] Question: Can you discuss business trends, particularly in marketing? - The marketing side is seeing positive trends, with increased RFPs and new business wins, particularly in tourism and financial services [25] Question: Why hasn't the company started a share repurchase program? - The company has discussed various capital distribution choices and will address the share repurchase question at its September board meeting [31]