Daily Journal reports 4Q loss
Daily Journal posts loss of $962,000 in fourth quarter
LOS ANGELES (AP) _ Daily Journal Corp. (DJCO) on Wednesday reported a loss of $962,000 in its fiscal fourth quarter.
The Los Angeles-based company said it had a loss of 70 cents per share.
The newspaper publisher posted revenue of $9 million in the period.
For the year, the company reported a loss of $1 million, or 76 cents per share, swinging to a loss in the period. Revenue was reported as $41.6 million.
Daily Journal shares have increased 37 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $276.41, a rise of 35 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DJCO at https://www.zacks.com/ap/DJCO
_____
Keywords: Daily Journal, Earnings Report
