McClatchy Company (MNI) Reports Q2 Loss of $4.91/Share
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McClatchy Reports Second Quarter 2017 Results
July 21, 2017 9:00 AM EDTSACRAMENTO, Calif., July 21, 2017 /PRNewswire/ --
Grew digital-only subscribers to 91,000, or 13.8% from the first quarter of 2016 Reduced operating expenses 11.7% and adjusted operating expenses 4.6% Reduced principal debt by $15 million Grew digital-only advertising revenues 10.0% Grew average total unique visitors 14.6%, local unique visitors up 10.7% Entered into an agreement to sell a majority of our interest in CareerBuilder, expected after-tax proceeds of $68 million Grew revenue categories other than print newspaper advertising to 74.7% of total revenuesMcClatchy (NYSE-MNI) today reported... More
