Dallas Morning News Parent Posts Slight Quarterly Profit to Close ‘challenging' 2018

After three consecutive quarterly losses, A. H. Belo Corporation said Friday that it closed out 2018 with a slight profit in the final three months of the year.For the year, however, the publisher of The Dallas Morning News posted a $5.4 million loss. Total revenue last year fell 18.6 percent to $202.3 million.For the final three months of last year, the company’s profit totaled $151,000.“2018 was a challenging year for newspapers across the country as print advertising declined steeply across all categories,” said Robert W. Decherd, chairman, president and chief executive officer of A. H. Belo. “The Dallas Morning News felt this impact beginning early in the first quarter.”   Continue reading...

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