News and information provider The McClatchy Company (MNI) reported a first-quarter net loss of $2.1 million, slightly wider than the net loss of $2.0 million last year. Loss per share remained unchanged from the prior-year quarter at $0.02.
Excluding items, adjusted net loss was $2.5 million, compared to the adjusted net loss of $3.4 million a year ago.
Net revenues for the quarter declined 5.1 percent to $288.3 million from $303.7 million a year ago.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.