DallasNews (NASDAQ:DALN) Releases Quarterly Earnings Results

DallasNews (NASDAQ:DALN) posted its earnings results on Monday. The company reported $0.74 earnings per share (EPS) for the quarter, Zacks reports. DallasNews had a negative net margin of 4.71% and a negative return on equity of 330.08%.

DallasNews Trading Down 2.7 %

DALN stock traded down $0.19 during mid-day trading on Monday, reaching $6.81. The company’s stock had a trading volume of 45,059 shares, compared to its average volume of 46,034. The stock has a market cap of $36.45 million, a PE ratio of -6.08 and a beta of 0.48. DallasNews has a fifty-two week low of $2.98 and a fifty-two week high of $7.86. The company’s 50 day moving average is $6.60 and its two-hundred day moving average is $5.63.

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.