DallasNews Corporation Announces Third Quarter 2024 Financial Results

DALLAS, Nov. 12, 2024 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company”) today reported a third quarter 2024 net loss of $3.9 million, or$(0.73) per share, and an operating loss of $4.1 million. In the third quarter of 2023, the Company reported a net loss of$1.4 million, or $(0.26) per share, and an operating loss of$1.6 million. The third quarter 2024 net loss includes severance expense of $3.0 million, primarily due to the Company’s anticipated headcount reductions related to th ...