DallasNews (NASDAQ:DALN) Releases Quarterly Earnings Results

Key Points

• DallasNews reported a quarterly earnings per share (EPS) of $0.34, with a net margin of 24.13% and a return on equity of 265.86%.
• The company's stock closed at $14.80, with a P/E ratio of 2.66 and a market capitalization of $79.18 million.
• DallasNews operates several publications in Texas, including The Dallas Morning News and offers digital advertising and marketing services.

DallasNews (NASDAQ:DALN - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.34 earnings per share (EPS) for the quarter, Zacks reports. DallasNews had a negative net margin of 4.26% and a positive return on equity of 150.61%. The company had revenue of $29.77 million during the quarter.

DallasNews Trading Up 0.3%

NASDAQ DALN traded up $0.04 during mid-day trading on Friday, reaching $14.86. 51,086 shares of the company's stock traded hands, compared to its average volume of 376,883. The company has a fifty day simple moving average of $7.68 and a 200-day simple moving average of $6.23. DallasNews has a 1-year low of $3.66 and a 1-year high of $16.10. The company has a market cap of $79.50 million, a price-to-earnings ratio of -15.32 and a beta of 0.62.

DallasNews Company Profile

DallasNews Corporation, together with its subsidiaries, publishes and sells newspapers in Texas. The company operates The Dallas Morning News, a newspaper; dallasnews.com a digital platform; The News, a metropolitan newspaper; and Al Dia, an online Spanish-language newspapers. It also offers digital advertising and marketing services, such as strategic marketing services, consulting, branding, paid media strategy and management, creative services, search optimization, direct mail, and sale of promotional materials, as well as provides multi-channel marketing solutions through subscription sales of the company's cloud-based software.