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McClatchy: 2Q Earnings Snapshot

August 8, 2019

SACRAMENTO, Calif. (AP) _ McClatchy Co. (MNI) on Thursday reported a loss of $17.5 million in its second quarter.

The Sacramento, California-based company said it had a loss of $2.21 per share. Losses, adjusted for one-time gains and costs, came to $1.44 per share.

The media company and owner of The Kansas City Star posted revenue of $178.7 million in the period.

The company’s shares closed at $2.12. A year ago, they were trading at $9.87.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MNI at https://www.zacks.com/ap/MNI

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