Dallas Morning News Publisher Reports Narrowed 2Q Loss on Declining Revenue
A. H. Belo (AHC), the publisher of The Dallas Morning News and other newspapers, today reported a net second-quarter loss of $171,000, an improvement over a $7.1-million loss in the second quarter of 2009. Total revenue fell 4.7% year over year to $121.6 million.
CEO Robert Decherd said that the 4.7% revenue decline marked an improvement over the decline in the first quarter of 2010 and “and is the lowest year-to-year percent decline in more than two years.”
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