McClatchy: 2Q Earnings Snapshot
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.