McClatchy Company (MNI) Reports Q3 Loss of $31.28/Share
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McClatchy Reports Third Quarter 2017 Results
October 16, 2017 9:00 AM EDTSACRAMENTO, Calif., Oct. 16, 2017 /PRNewswire/ --
Slowed decline in adjusted EBITDA by nearly two-thirds from first half of 2017 Repaid principal debt of $53.5 million in the quarter, $68.5 million year to date Reported cash of $84.0 million at end of September Achieved records in digital audience with product enhancements and major news eventsMcClatchy (NYSE American-MNI) recorded after-tax non-cash charges of $230.9 million in the third quarter of 2017, leading to a quarterly net loss of $238.9 million, or $31.28 per share. The non-cash charges relate almost solely to a... More
