McClatchy reports profit decline

An update on the McClatchy newspaper Co.:

https://i0.wp.com/cdn.inquisitr.com/wp-content/mcclatchy-co.jpg

McClatchy says its third quarter earnings fell to $9.4 million, or 11 cents a share, vs. year-ago profits of $11.9 million or 14 cents a share. The results beat Wall Street analysts’ consensus estimates of 7 cents a share.

Continue reading:

http://www.poynter.org/latest-news/romenesko/150508/mcclatchy-reports-profit-decline-but-beats-analysts-expectations/

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