SACRAMENTO, California — McClatchy Co. (MNI) on Friday reported a loss of $11.3 million in its first quarter.
The Sacramento, California-based company said it had a loss of 13 cents per share. Losses, adjusted for severance costs, came to 10 cents per share.
The media company and owner of The Kansas City Star posted revenue of $257.2 million in the period.
The company's shares closed at $1.53. A year ago, they were trading at $5.96.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MNI at http://www.zacks.com/ap/MNI
Keywords: McClatchy, Earnings Report
Think your friends should see this? Share it with them!
Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to email@example.com and it will be forwarded to the appropriate editor or reporter.