Financial Data and Key Metrics Changes - For Q1 2025, Dallas News Corporation reported a net income of $28.3 million or $5.28 per share, compared to a net loss of $1.4 million in Q1 2024 [5] - Operating income for the quarter was $34.2 million, which includes a net gain of $36.2 million from the sale of the Plano printing facility [5] - Total revenue decreased to $29.1 million from $31.1 million year-over-year, a decline of $2 million [5] - On a non-GAAP basis, the adjusted operating loss was $1.2 million, an improvement of $400,000 compared to the adjusted operating loss of $800,000 in the same period last year [5][6] Business Line Data and Key Metrics Changes - Advertising and marketing services revenue was $800,000, a decrease of $800,000 or 7.2% compared to $11.6 million reported last year, primarily due to a print advertising revenue decline of $700,000 or 12.2% [6] - Circulation revenue was $15.4 million, down $900,000 or 5.2% from $16.3 million last year, mainly due to a print circulation revenue decrease of $700,000 or 6% [6] - Total membership, including both print and digital, was 125,972 as of March 31, down from 126,973 as of December 31 [6] Market Data and Key Metrics Changes - Digital-only subscriptions increased to 65,028, reflecting a 1.1% increase from December 31 and a 4.2% increase compared to March of last year [7] - The company noted softness in print advertising, particularly in real estate and retail sectors, while financial services advertising remained robust [32][33] Company Strategy and Development Direction - The company is focused on transitioning print operations to a smaller, more efficient facility, with expected expense savings starting in May [10][11] - The board is discussing capital allocation strategies, including investing in digital revenue growth and returning capital to shareholders [11] - The company aims to improve margins at Medium Giant by focusing on larger, more profitable accounts and discontinuing relationships with smaller clients [43] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the return to growth plan, highlighting the successful funding of pension obligations and the transition to a new printing facility [9][10] - The management acknowledged the slower-than-expected growth in digital subscriptions but is implementing more aggressive offers to stimulate growth [25][26] - Economic uncertainties, including tariffs and consumer demand, are being closely monitored as they may impact advertising budgets [11][32] Other Important Information - The company recorded $6 million in tax expense for the quarter, but cash taxes are expected to be approximately $700,000 due to the utilization of net operating loss carryforwards [8] - As of April 25, the company had approximately $36 million in cash and cash equivalents following the sale of the Plano property [11] Q&A Session Summary Question: Is the company still on track for the $5 million profit improvement expected for 2025? - Management confirmed that they expect to realize the $5 million in savings starting in May, with a partial realization in Q2 and full realization in Q3 and Q4 [21][22] Question: Can you explain the 16% lift in starts from the new dynamic paywall? - The 16% lift refers to the increase in new subscriptions generated by the dynamic paywall compared to the previous meter strategy, which was based on fixed business rules [24] Question: How are subscribers trending in Q2? - Subscriber growth is still occurring, but at a slower pace than desired. The company is testing a more aggressive offer to boost subscription volume [25][26] Question: What areas of advertising showed weakness in Q1? - The company noted softness in real estate and retail advertising, while financial services remained strong. The agency side is steadier compared to print [32][33] Question: Will the increase in newsprint usage normalize in Q2? - Yes, the newsprint usage will return to 2024 levels, although pricing may fluctuate due to market conditions [38][39] Question: What is the status of pension obligations? - The company spent $10 million to fully fund the pension, which was less than the initially expected $14 to $16 million [41] Question: What is the expected profitability level for Medium Giant going forward? - Management aims to improve Medium Giant's margins into the double digits, focusing on larger clients to enhance profitability [44]

Core Insights - Thomson Reuters reported $1.9 billion in revenue for Q1 2025, a year-over-year increase of 0.8%, with an EPS of $1.12 compared to $1.11 a year ago, indicating a slight growth in earnings [1] - The revenue fell short of the Zacks Consensus Estimate of $1.92 billion by 0.95%, while the EPS exceeded the consensus estimate of $1.06 by 5.66% [1] Revenue Performance - Legal Professionals revenue was $693 million, below the average estimate of $696.75 million, reflecting a year-over-year decline of 3.9% [4] - Tax & Accounting Professionals revenue reached $360 million, surpassing the average estimate of $366.88 million, with a year-over-year increase of 9.8% [4] - Global Print revenue was $116 million, below the average estimate of $119.85 million, showing a year-over-year decrease of 6.5% [4] - Corporates revenue was $541 million, slightly below the average estimate of $553.36 million, with a year-over-year increase of 6.7% [4] - Reuters News revenue was $196 million, exceeding the average estimate of $186.80 million, but down 6.7% year-over-year [4] - Eliminations reported a loss of $6 million, slightly worse than the estimated loss of $5 million, but improved by 20% year-over-year [4] Adjusted EBITDA Analysis - Adjusted EBITDA for Legal Professionals was $336 million, exceeding the average estimate of $327.02 million [4] - Adjusted EBITDA for Corporates was $213 million, above the average estimate of $202.65 million [4] - Adjusted EBITDA for Corporate costs was -$33 million, worse than the average estimate of -$31.28 million [4] - Adjusted EBITDA for Reuters News was $39 million, surpassing the average estimate of $36 million [4] - Adjusted EBITDA for Global Print was $44 million, in line with the average estimate of $44.23 million [4] - Adjusted EBITDA for Tax & Accounting Professionals was $210 million, exceeding the average estimate of $197.30 million [4] Stock Performance - Thomson Reuters shares returned +6% over the past month, outperforming the Zacks S&P 500 composite, which saw a -0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Gannett (GCI) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Company Participants Matt Esposito - Head - IRMike Reed - Chairman and CEOKristin Roberts - President & Chief Content OfficerTrisha Gosser - CFOGiuliano Bologna - Managing DirectorMatthew Condon - Director Equity Research - Internet & Digital Media Operator note this conference is being recorded. I will now turn the conference over to your host, Matt Esposito, Head of Investor Relations. You may begin. Matt Esposito Thank you. Good morning, everyo ...

Gannett (GCI) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Company Participants Matt Esposito - Head - IRMike Reed - Chairman and CEOKristin Roberts - President & Chief Content OfficerTrisha Gosser - CFOGiuliano Bologna - Managing DirectorMatthew Condon - Director Equity Research - Internet & Digital Media Operator note this conference is being recorded. I will now turn the conference over to your host, Matt Esposito, Head of Investor Relations. You may begin. Matt Esposito Thank you. Good morning, everyo ...

Financial Data and Key Metrics Changes - Total operating revenues for Q1 were $571.6 million, a decrease of 10.1% year-over-year, or 7.7% on a same-store basis [30] - Adjusted EBITDA totaled $50.5 million, representing a margin of 8.8%, with a year-over-year decline in line with expectations [31] - The company reported a net loss of $7 million in Q1, an improvement of approximately $77 million compared to the previous year [33] - Free cash flow in Q1 totaled $10.2 million, growing 7.6%, with expectations for similar performance in Q2 [38] Business Line Data and Key Metrics Changes - Total digital revenues in Q1 were $250.4 million, down 6.4% year-over-year, representing approximately 44% of total revenues [34] - Digital-only subscription revenues exceeded $43 million, reflecting minor same-store growth, impacted by elevated customer churn [34] - Adjusted EBITDA for the Digital Marketing Solutions (DMS) segment totaled $8.5 million, with core platform revenue at $108.2 million [37] Market Data and Key Metrics Changes - The company had 195 million average monthly unique visitors, growing over 4% compared to the prior year [14] - The UK market experienced a slowdown in digital advertising trends, reflective of the local economy [36] Company Strategy and Development Direction - The company aims to leverage its industry-leading scale and diverse digital businesses to drive long-term growth [11] - A key focus is on enhancing monetization opportunities through investments in digital initiatives and expanding first-party data [13] - The recent DOJ ruling against Google is seen as a potential catalyst for a more equitable digital advertising marketplace, benefiting the company [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year 2025 business outlook despite a challenging first quarter [7] - The company anticipates a marked improvement in top-line trends, particularly in digital revenue, as it moves past unique first-quarter challenges [6] - Management noted that the fundamentals of the business are improving, with stronger retention and a more diversified revenue base [56] Other Important Information - The company reduced its debt by approximately $75 million in Q1, strengthening its capital structure [8] - A leadership transition occurred with the appointment of Tricia Gosser as Chief Financial Officer [9] Q&A Session Summary Question: Impact of DOJ case against Google - Management believes the DOJ's win sets the stage for a more favorable ad marketplace, leading to greater transparency and higher revenue shares for publishers [44] Question: Adjustments to affiliate revenue business - The company is working with affiliate partners to navigate changes and reenergize revenue growth through leveraging existing content [50] Question: Confidence in 2025 guidance - Management remains confident in the guidance, citing improvements in fundamentals and operational efficiencies [56] Question: Digital subscription revenue trends - On a same-store basis, there was some growth in digital subscriptions, but impacted by higher revenue reversals [73] Question: Tools to aggregate budgets onto the platform - The company is leveraging relationships with advertisers and building out first-party data solutions to drive up CPM [79] Question: Status of non-strategic asset sales - The company has largely worked through its real estate portfolio and does not feel pressured to sell assets that could negatively impact the business [83]

Core Insights - DallasNews Corporation reported a significant turnaround in financial performance for Q1 2025, achieving a net income of $28.3 million compared to a net loss of $1.4 million in Q1 2024, largely due to the sale of the Plano printing facility [2][24]. - The company is focused on its Return to Growth Plan, which includes fully funding pension plans and transitioning printing operations, leading to expected expense savings [2][13]. Financial Performance - Total revenue for Q1 2025 was $29.1 million, a decrease of $2.0 million or 6.4% compared to Q1 2024 [4]. - Advertising and marketing services revenue was $10.8 million, down 7.2% from $11.6 million in the previous year, primarily due to a 12.2% decline in print advertising revenue [5]. - Circulation revenue decreased to $15.4 million, a drop of 5.2% from $16.3 million, mainly due to a 6.0% decline in print circulation revenue [6]. - The company recorded a net gain of $36.2 million from the sale of the Plano printing facility, which significantly impacted operating income, resulting in an operating income of $34.2 million [2][24]. Operating Expenses - Total consolidated operating expense was $(5.1) million, with an improvement of $1.7 million or 5.3% compared to Q1 2024 when excluding the gain from the facility sale [8]. - Adjusted operating expense was $30.3 million, reflecting a decrease of $1.6 million or 4.9% year-over-year, primarily due to savings in employee compensation and benefits [9]. Employee and Cash Position - As of March 31, 2025, the company had 461 employees, a reduction of 70 or 13.2% compared to the previous year, attributed to the transition to a more efficient printing facility [12]. - The company reported cash and cash equivalents of $44.2 million, significantly up from $9.6 million at the end of 2024, and has no debt [12][26]. Pension Plans - The company fully funded its pension liabilities using proceeds from the Plano printing facility sale and transitioned these obligations to an insurance carrier through an annuity purchase agreement [10][13].

WASHINGTON, April 30, 2025 /PRNewswire/ -- Scripps News, the national news streaming channel owned by The E.W. Scripps Company (NASDAQ: SSP), received three National Headliner Awards and two Deadline Club finalist nominations."These recognitions underscore the significance and relevance of the reporting by our Scripps News team, which is committed to delivering impactful journalism that informs and connects our audiences," said Matt Simon, vice president of Scripps News. "Their dedication to uncovering vita ...

Wall Street analysts forecast that Thomson Reuters (TRI) will report quarterly earnings of $1.06 per share in its upcoming release, pointing to a year-over-year decline of 4.5%. It is anticipated that revenues will amount to $1.92 billion, exhibiting an increase of 1.8% compared to the year-ago quarter. The current level reflects a downward revision of 2.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised ...

（文/陈济深 编辑/张广凯） 4月28日，Kimi母公司月之暗面在公众号上表示，与财新传媒达成合作，当用户在 Kimi 提问财经相关 内容时，Kimi 将结合财新传媒旗下专业报道内容，通过模型生成答案。 公司还称，为了帮助用户识别高质量信源，近期上线了专业、权威信源的蓝V徽章。点击引用来源的名 称或链接，即可找到带蓝V徽章的专业信源，也可以方便地访问内容原始出处。 观察者网测试发现，在搜索央行行长潘功胜的最新发言记录时，财新已经作为其资料来源，并引用了其 于4月25日的最新报道，同时KIMI生成的内容也都分别标注了引用的媒体来源出处。 实测还发现，除《财新》被认证为"官方合作权威信源"外，《中国政府网》认证标识为"政府机构站 点"，《央视新闻》、《人民日报》、《中国日报》认证标识为"新闻领域优质站点"，联合国新闻（UN News）认证为"国际组织站点"。 财新也在其官方网站发布了合作信息，财新表示："此次财新传媒与Kimi的合作，是人工智能技术在新 闻领域的重要实践，体现了高品质新闻报道与AI技术的融合。一方面，借助 Kimi这一前沿AI产品，财 新优质的新闻内容触达至更广泛用户，进一步扩大优质内容的影响力； ...

Company Overview - DallasNews Corporation is the holding company for The Dallas Morning News and Medium Giant, based in Dallas [3] - The Dallas Morning News is recognized as Texas' leading daily newspaper, known for its strong journalistic reputation and community ties, having won nine Pulitzer Prizes [3] - Medium Giant is an integrated creative marketing agency that has received multiple industry awards, including the AAF Addy and AMA DFW Annual Marketer of the Year Award for Campaign of the Year in 2024 [4] Upcoming Financial Results - DallasNews Corporation will release its first quarter 2025 financial results before the market opens on May 1, 2025 [1] - A conference call to discuss the financial results will take place on May 1, 2025, at 9:00 a.m. CDT [1] - The conference call will be available via webcast on the company's investor relations website, with an archive accessible afterward [2]