07:41 AM EDT, 03/24/2025 (MT Newswires) -- Glacier Media ( GLMFF ) on Friday reported a narrower full-year 2024 loss as it restructured legacy operations and improved profitability in some core businesses.

The company reported a 2024 net loss of $24.4 million, or $0.19 per share, compared with a loss of $99.3 million, or $0.76 per share, a year earlier.

Revenue for the year ended Dec. 31, decreased 8.4% to $141.9 million. The company said the decline in revenue was primarily due to the closure and sale of underperforming print community media operations over the course of the last two years and the sale of certain mining operations.

The company in a statement said it "will take measures to address the underperforming legacy businesses."