AP NEWS

McClatchy: 3Q Earnings Snapshot

November 9, 2018

SACRAMENTO, Calif. (AP) _ McClatchy Co. (MNI) on Friday reported third-quarter net income of $7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Sacramento, California-based company said it had net income of 90 cents. Losses, adjusted for one-time gains and costs, came to $3.03 per share.

The media company and owner of The Kansas City Star posted revenue of $191.1 million in the period.

McClatchy shares have fallen 22 percent since the beginning of the year. The stock has declined 23 percent in the last 12 months.

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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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