Journal Register (JRC) Reports Revenues for Period Two
Journal Register Company (NYSE: JRC) reported that total revenues for Period Two, from continuing operations, for the four weeks ended March 4, 2007 were $35.7 million compared to $37.9 million for the four weeks ended February 26, 2006, a decrease of 5.7%.
(Excluding results from the Michigan cluster, total revenues decreased 4.1% as compared to the prior year period)
Continued strong performance from the Company's online operations produced online revenues, for Period Two of $1.2 million, an increase of 22.6% as compared to Period Two of 2006.
Retail advertising revenues were down 4.5% in Period Two, as compared to the prior year period.
Classified advertising revenues for Period Two decreased 9.1%, as compared to the prior year period. Excluding the results from the Michigan cluster, total classified advertising revenues decreased 6.4% for the period.
(Excluding results from the Michigan cluster, total revenues decreased 4.1% as compared to the prior year period)
Continued strong performance from the Company's online operations produced online revenues, for Period Two of $1.2 million, an increase of 22.6% as compared to Period Two of 2006.
Retail advertising revenues were down 4.5% in Period Two, as compared to the prior year period.
Classified advertising revenues for Period Two decreased 9.1%, as compared to the prior year period. Excluding the results from the Michigan cluster, total classified advertising revenues decreased 6.4% for the period.
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