Dallasnews Corporation ( (DALN) ) has released its Q1 earnings. Here is a breakdown of the information Dallasnews Corporation presented to its investors.
DallasNews Corporation, a Dallas-based holding company, operates The Dallas Morning News and Medium Giant, a creative marketing agency. The company is known for its strong journalistic reputation and has been recognized with multiple awards.
In the first quarter of 2025, DallasNews Corporation reported significant financial achievements, including a net income of $28.3 million, driven by the sale of its Plano printing facility. This sale contributed to a net gain of $36.2 million, allowing the company to fully fund its pension liabilities.
Key financial highlights include a total revenue of $29.1 million, a decrease from the previous year, primarily due to declines in print advertising and circulation revenues. However, the company improved its operating margin in the Agency segment by $600,000 year-over-year. The transition to a smaller printing facility resulted in cost savings and a headcount reduction.
Looking ahead, DallasNews Corporation is focused on evaluating investment opportunities in digital growth and returning capital to shareholders. The company aims to achieve sustainable profitability through its strategic initiatives and strong balance sheet.