as long as revenues are still in decline and interest payments at elevated levels the stock won't make any headway as evidenced once again today. Investors will need way more patience here and will be hopefully rewarded but it's hard to see a newspaper investment bearing any fruit today.
The hint of an improving revenue trend. That is what we need to begin the process of refinancing on better terms...which will lead to lower interest costs...which will lead to faster debt repayment... Not out of the woods yet, but the market likes this report and so do I!
No expert, here but....another loss. Ad reveues still down 5%+ YOY. Saving grace is the circulation revenue as they roll out the paywalls, but once they are in place the inexorable trend of lower circulation, lower ad revenues, and lower total revenues continues. Plus the content continues to suffer with staff cuts. Maybe they can catch a break on a refi at lower interest costs.