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GlobeNewswire·

Daily Journal Corporation Announces First Quarter Fiscal 2026 Financial Results

  • Daily Journal Corporation reported first quarter fiscal 2026 revenue of $19.5 million, a 10% increase year-over-year from $17.7 million in the prior-year quarter.
  • Journal Technologies segment revenue reached $15.2 million, up 12% from $13.6 million, driven by higher e-filing, public service fees, & recurring license revenues.
  • The Traditional Business segment generated $4.4 million in advertising & circulation revenue, reflecting a 6% increase from $4.1 million.
  • Operating income for the quarter was $0.5 million, down from $0.7 million, due to higher personnel costs, accounting fees, & legal expenses.
  • The company reported a net loss of $8.0 million, or ($5.79) per share, compared to a net income of $10.9 million in the prior-year quarter.
  • The net loss was primarily driven by $11.7 million in net unrealized losses on marketable securities, contrasting with $13.4 million in gains the previous year.
  • As of December 31, 2025, marketable securities held a fair market value of $481.3 million with accumulated pretax unrealized gains of $342.2 million.
  • Net cash used in operating activities was $1.9 million, compared to $2.2 million provided in the prior-year quarter.
  • Cash & cash equivalents totaled $16.6 million as of December 31, 2025, down from $20.6 million at the end of the previous quarter.
  • Total stockholders' equity decreased to $383.1 million from $391.1 million, while total assets stood at $529.5 million.