Net Income and Operating Improvement
DallasNews Corporation reported a net income of $4 million for Q4 2024, compared to a net loss of $2.2 million in Q4 2023, and an improvement in operating loss from $2.5 million to $1.8 million.
Successful Sale of Plano Property
The company sold the Plano facility for $43.5 million, providing capital that will allow DallasNews to fully fund its pension plan.
Expense Savings Achieved
Achieved $15.4 million in expense savings for the year, with the greatest reductions in employee compensation, distribution, and newsprint.
Digital Subscriber Growth
Digital-only subscribers increased by 1,334 or 2.1% year-over-year, with a strong Q4 volume growth of 3,119 subscribers.
Journalistic Impact
An investigative series led to policy changes in Dallas to ensure paramedics have blood supplies, highlighting the social impact of the company's journalism.