McClatchy Reports Second Quarter 2018 Results

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McClatchy (NYSE American-MNI) today reported a net loss in the second quarter of 2018 of $20.4 million, or $2.62 per share. In the second quarter of 2017 McClatchy reported a net loss of $37.4 million, or $4.91 per share.

The company reported an adjusted net loss1 of $5.6 million, which excludes severance and certain other items in the second quarter of 2018, compared to an adjusted net loss of $4.1 million in the second quarter of 2017.

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