$2 Million Net Loss for McClatchy – Owner of the Kansas City Star, Sacramento Bee and Other Papers

A press release from McClatchy:


The McClatchy Company (NYSE:MNI – News) today reported a net loss in the first quarter of 2011 of $2.0 million or 2 cents per share. In the first quarter of 2010 the company reported a net loss from continuing operations of $2.0 million, or 2 cents per share, and total net income including discontinued operations of $2.2 million or 3 cents per share.

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