Financial Data and Key Metrics Changes - A. H. Belo reported a net loss of $3.4 million or $0.16 per share for Q2 2020, compared to a net income of $16.5 million or $0.77 per share in Q2 2019 [8] - Total GAAP revenue for Q2 2020 was $35.4 million, a decrease of $11.7 million or 24.8% from $47.1 million in Q2 2019 [9] - Total GAAP operating expense was $39.8 million, an increase of $15.5 million or 64% compared to Q2 2019 [15] Business Line Data and Key Metrics Changes - Digital advertising and marketing services revenue was $6.7 million, a decrease of $2.3 million or 25.9% from $9 million in Q2 2019 [10] - Digital circulation revenue increased to $1.5 million, up $300,000 or 24.1% compared to the previous year [11] - Print advertising revenue was $8.9 million, a decrease of $7.4 million or 45.3% from $16.3 million in Q2 2019 [13] - Print circulation revenue decreased to $14.2 million, down $1.6 million or 10% compared to the prior year [14] Market Data and Key Metrics Changes - The company ended Q2 2020 with 43,590 paid digital-only subscriptions, an increase of 12,019 or 38.1% compared to Q2 2019 [12] - Headcount was reduced to 769, a decrease of 110 or 12.5% from the previous year [18] Company Strategy and Development Direction - The company is focused on growing digital revenue and has seen positive trends in digital circulation [21][25] - Management has made adjustments to discretionary spending and reduced headcount to manage operating expenses effectively [17] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the COVID-19 pandemic but expressed satisfaction with the company's financial performance and digital revenue growth [21][22] - The company anticipates continued improvement in operating trends for the second half of the year, although projecting future performance remains difficult [27] Other Important Information - The company has approximately $42.3 million in cash and cash equivalents and no debt as of June 30 [18] - There are no mandatory pension contributions expected this year or next, subject to market conditions [19] Q&A Session Summary - There were no questions from participants during the Q&A session [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, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file no. 1-33741 A. H. Belo Corporation (Exact name of registrant as specified in its charter) Texas 38-3765318 (State or other jurisdiction of incorporation or organizati ...

Table of Contents A. H. Belo Corporation (Exact name of registrant as specified in its charter) Title of each classTrading Symbol Name of each exchange on which registered Series A Common Stock, $.01 par value AHC New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SEC ...

A. H. Belo Corporation (AHC) Full Year 2019 Investor Update Conference Call Summary Company Overview - **Company**: A. H. Belo Corporation - **Industry**: Media and Publishing - **Key Participants**: Katy Murray (CFO), Robert Decherd (Chairman, President, CEO), Grant Moise (Publisher, President of The Dallas Morning News) [2][4] Core Financial Performance - **2019 Net Income**: $9.3 million or $0.43 per diluted share, compared to a net loss of $25.2 million or $1.17 per share in 2018 [7] - **Total GAAP Revenue**: $183.6 million, a decrease of $18.7 million or 9.3% from $202.3 million in 2018 [8] - **Adjusted Operating Revenue**: $195 million, down $20 million or 9.3% from $215 million in 2018 [8] - **Digital Advertising Revenue**: $33.6 million, a decrease of $2.6 million or 7.2% from $36.2 million in 2018 [9] - **Digital Circulation Revenue**: $4.9 million, an increase of $1.1 million or 27.1% compared to 2018 [9] - **Paid Digital-Only Subscriptions**: 35,759, an increase of 8,034 or 29% from 2018 [9] - **Print Advertising Revenue**: $62.3 million, a decrease of $7 million or 10.1% from $69.2 million in 2018 [9] - **Total GAAP Operating Expense**: $174 million, an improvement of $55.1 million or 24% compared to the previous year [10] Strategic Developments - **Reorganization**: The company reorganized into a single decision-making structure, combining Publishing and Marketing Services segments [7] - **Digital Growth Strategy**: Emphasis on growing digital subscription revenue and maintaining a strong connection with print audiences [16][17] - **Investment in Technology**: Significant investments in technology and brand marketing to support digital strategy, including the launch of a revamped dallasnews.com [23] - **Belo and Company**: A full-service agency providing strategic and digital marketing services, focusing on measurable returns on investment [22][66] Challenges and Outlook - **2020 Expectations**: Anticipated adjusted operating revenue of approximately $41 million to $42 million and an adjusted operating loss between $2.5 million to $2.8 million for Q1 2020 [13] - **Impact of COVID-19**: Expected continued pressure on print advertising revenue with a full-year decline anticipated in the range of 25% to 35% [26] - **Digital Subscription Growth**: Despite challenges, the company added 3,600 net new digital subscriptions in Q1 2020, an increase of 86% compared to the same period in 2019 [25] Financial Position - **Cash Reserves**: Approximately $48.6 million in cash and cash equivalents as of December 31, 2019, with no debt [12] - **Pension Plans**: No mandatory contributions expected in 2020 or 2021, with a focus on maintaining a well-funded pension plan [12][55] Additional Insights - **Quality Journalism**: The company emphasizes the importance of high-quality journalism and its role in the community, which is seen as a competitive advantage [16][17] - **Market Position**: The Dallas Morning News aims to establish a strong presence in the North Texas market, leveraging its reputation for reliable news [16][18] - **Long-Term Strategy**: The company is committed to a multiyear strategy to transition into a sustainably profitable digital newspaper company [19][39] Conclusion - A. H. Belo Corporation is navigating significant challenges while focusing on digital growth and maintaining its commitment to quality journalism. The company is strategically positioned to leverage its cash reserves and reputation to adapt to the evolving media landscape.

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, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commissions file no. 1-33741 (Exact name of registrant as specified in its charter) Texas 38-3765318 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) P. ...

Table of Contents A. H. Belo Corporation (Exact name of registrant as specified in its charter) Title of each classTrading Symbol Name of each exchange on which registered Series A Common Stock, $.01 par value AHC New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ...

Financial Data and Key Metrics Changes - A. H. Belo recorded a net income of $16.9 million or $0.78 per fully diluted share in Q2 2019, compared to a net loss of $500,000 or $0.03 per share in Q2 2018 [6] - Adjusted operating income for Q2 2019 was $220,000, a decline of $1.5 million or 87.5% compared to the previous year, primarily due to a one-time consulting expense of $1.9 million [7] - Total adjusted operating revenue for Q2 2019 was $50.3 million, representing a decline of $4 million or 7.4% compared to 2018 [7] - Total adjusted operating expenses were $50.1 million, showing an improvement of $2.5 million or 4.7% over last year [7] Business Line Data and Key Metrics Changes - Total revenue for The Dallas Morning News was $40.9 million, a decrease of $4.2 million or 9.2% compared to last year [10] - Print and digital advertising revenue was $19.1 million, down $1.2 million or 6% from $20.3 million in Q2 2018 [10] - Circulation revenue declined by $900,000 or 5.1% to $17 million [10] - Digital-only subscription revenue increased by $250,000 or 26.3% to $1.2 million [11] - Belo + Company reported total revenue of $6.8 million, an increase of $736,000 or 12.1% compared to the previous year [17] Market Data and Key Metrics Changes - Operating expense for The Dallas Morning News was $18.2 million; excluding the gain from the sale of headquarters, it was $44.1 million, a reduction of $2.8 million or 6% compared to Q2 last year [14] - Adjusted operating loss for The Dallas Morning News was $161,000, a decline of $1.2 million compared to a net income of $1.1 million in Q2 2018 [16] Company Strategy and Development Direction - The company is focusing on digital marketing services as a critical part of its future success [26] - A single decision-making structure has been implemented to streamline operations and enhance revenue strategies [25] - The Arc platform is set to launch in the fall, aimed at improving the digital presence and functionality of The Dallas Morning News [28] - The company is committed to transitioning from print dependency to a digital subscription revenue model [27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing progress in initiatives at The Dallas Morning News and improvements in commercial print decisions [24] - The company is focused on creating a stronger market presence through coordinated branding and digital marketing strategies [29] - Management believes that focusing on a few key initiatives will yield significant benefits for shareholders [30] Other Important Information - As of June 30, 2019, the company had approximately $52 million in cash and no debt [19] - Capital expenditures are expected to be around $1.5 million for the remainder of 2019 [20] - The company recorded a tax expense of $7.1 million in Q2 2019, with cash taxes expected to be approximately $900,000 [21] Q&A Session Summary - No specific questions or answers were documented in the provided content, thus this section is not applicable.

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file no. 1-33741 A. H. Belo Corporation (Exact name of registrant as specified in its charter) Texas 38-3765318 (State or other jurisdiction of incorporation or organizati ...

A. H. Belo Corp (AHC) Q1 2019 Earnings Conference Call April 30, 2019 10:00 AM ET Company Participants Mary Murray - SVP, CFO, Treasurer & Assistant Secretary Robert Decherd - Chairman, President & CEO Conference Call Participants Boris Senderzon - Hilber Capital Operator Ladies and gentlemen, thank you for standing by, and welcome to the first quarter 2019 financial results conference call. [Operator Instructions]. And as a reminder, your conference is being recorded. I would now like to turn the conferenc ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file no. 1-33741 A. H. Belo Corporation (Exact name of registrant as specified in its charter) Texas 38-3765318 (State or other jurisdiction of incorporation or organizat ...