Daily Journal

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    Daily Journal reports 4Q loss

    The Associated Press SHARES
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    LOS ANGELES (AP) _ Daily Journal Corp. (DJCO) on Wednesday reported a loss of $1.1 million in its fiscal fourth quarter.

    On a per-share basis, the Los Angeles-based company said it had a loss of 77 cents.

    The newspaper publisher posted revenue of $10.9 million in the period.

    For the year, the company reported that its loss narrowed to $918,000, or 66 cents per share. Revenue was reported as $41.4 million.

    Daily Journal shares have fallen nearly 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $239.95, a decrease of 13 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

    Source : https://www.cnbc.com/2017/12/13/the-associated-press-daily-journal-reports-4q-loss.html

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