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Journal Communications Posts Higher Q1 Profit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Journal Communications, Inc. (JRN) reported net income for the first quarter of $3.8 million or $0.08 per share of class A and B common stock, compared to $2.9 million or $0.05 per share of class A and B common stock for the year-ago quarter.

Total revenue for the first quarter rose 15.1% to $94.70 million from $82.27 million a year ago.

First quarter results were driven by the acquisition of Nashville NewsChannel 5 - WTVF-TV in December 2012.

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