Earnings ·
Daily Journal Corporation reported financial results for the third quarter and first nine months of fiscal 2026
DJCODaily Journal Corp
Daily Journal Corporation reported financial results for the third quarter and first nine months of fiscal 2026. Total revenue increased 15.3% to $27.0 million in Q3 and 16.8% to $69.2 million year-to-date, driven by strong growth at its technology subsidiary, Journal Technologies. Operating income rose significantly to $5.3 million for the quarter and $8.7 million for the nine-month period. However, net loss widened to $10.9 million ($7.90 per share) in Q3 and $53.5 million ($38.84 per share) year-to-date, primarily due to $24.1 million and $87.0 million in unrealized losses on marketable securities, respectively. The company operates in the publishing and technology sector, providing legal news services and case management software.