Mcclatchy Company (MNI) Misses Q4 EPS by 2c

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McClatchy Reports Fourth Quarter 2015 Results

February 10, 2016 9:02 AM EST

SACRAMENTO, Calif., Feb. 10, 2016 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) today reported net income from continuing operations in the fourth quarter of 2015 excluding certain items (adjusted earnings), of $17.3 million, a 57.2% improvement when compared to adjusted earnings in the fourth quarter of 2014 of $11.0 million.

On a GAAP basis, the company reported net income from continuing operations in the fourth quarter of 2015 of $8.8 million, or $0.10 per share. In the fourth quarter of 2014, the company reported net income from continuing operations of $303.0 million, or $3.45 per share, which included a $347.5... More