McClatchy Reports First Quarter 2019 Results
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McClatchy Company (MNI) Reports Q1 EPS Loss of $5.43, Revenues Miss
May 9, 2019 9:04 AM EDTMcClatchy Company (NYSE: MNI) reported Q1 EPS of ($5.34), $3.52 worse than the analyst estimate of ($1.82). Revenue for the quarter came in at $180.3 million versus the consensus estimate of $184.69 million.
"The first quarter adjusted EBITDA marks the second consecutive quarter of improving trends in operating results," said Craig Forman, McClatchy\'s President and CEO. "This reflects our discipline in controlling costs while we make strategic investments in our digital transformation."
The first quarter of 2019 marks... More
