Comment on McClatchy, owner of The Star, reports a first-quarter loss

McClatchy, owner of The Star, reports a first-quarter loss

The McClatchy Co. reported a first-quarter loss of $11.3 million, or 13 cents a share, down from a year-ago net loss of $16.1 million, or 19 cents a share, from continuing operations. Pat Talamantes, McClatchy’s president and CEO, said in the company’s earnings release that McClatchy’s “expense performance” improved from recent quarters.

 

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