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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.