Overview

* DallasNews Q2 2025 revenue declines 7.2% yr/yr, driven by print ad revenue drop

* Company reports Q2 net loss of $33.5 mln, impacted by a non-cash pension settlement charge

* OnJuly9, DallasNews ( DALN ) enters merger agreement with Hearst

Outlook

* Company expects merger with Hearst to close in Q3 or early Q4 2025

Result Drivers

* PENSION SETTLEMENT - Non-cash pension settlement charge of $35.3 mln significantly impacted net income

* COST SAVINGS - Expense savings in employee compensation, outside services, and leasedprinting facility transition improved adjusted operating income

* REVENUE DECLINE - Total revenue decreased by $2.3 mln due to declines in print advertising and circulation revenues

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $29.77

Revenue mln

Q2 Net -$33.49

Income mln

Q2 $28.20

Adjusted mln

Operatin

g

Expenses

Q2 $1.26

Operatin mln

g Income

Q2 -$33.72

Pretax mln

Profit

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)