Daily Journal Swings to Q3 Loss on Investment Losses

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Daily Journal Corporation reported a third-quarter fiscal 2026 net loss of $7.90 per share, compared with net income of $10.47 per share a year earlier, as higher costs and unrealized investment losses offset revenue growth. Revenues rose 15.3% to $27 million from $23.4 million, while the company recorded a net loss of $10.9 million against net income of $14.4 million in the prior-year quarter. The loss was driven by $24.1 million of net unrealized losses on marketable securities, versus $11.5 million of net unrealized gains a year earlier. Journal Technologies, the technology subsidiary, grew revenues 19.5% to $22.1 million, while the Traditional Business saw advertising and circulation revenues slip 0.8% to $4.8 million. Income from operations increased to $5.3 million from $3.2 million, and cash and cash equivalents rose to $31.1 million as of June 30, 2026, from $20.6 million at September 30, 2025.

Impact on stocks 1

Cloud & Digital Infrastructure · 1 stocks
Daily Journal Corp
DJCO
▼ NegativeCapitalrelevance

Net loss driven by unrealized investment losses on marketable securities.

Off-coverage companies 1

Journal TechnologiesPrivate▲ Positive
Demandrelevance

Journal Technologies revenue grew 19.5% to $22.1 million.