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Stock impact report

Daily Journal Corporation Announces Financial Results for the Nine Months Ended June 30, 2018

Daily Journal Corp. (S.C.) (DJCO) 
US:NASDAQ Investor Relations: dailyjournal.com
Company Research Source: GlobeNewswire
LOS ANGELES, Aug. 08, 2018 (GLOBE NEWSWIRE) -- During the nine months ended June 30, 2018, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $30,597,000 as compared with $30,470,000 in the prior year period.  This increase of $127,000 was primarily from increased Journal Technologies’ license and maintenance fees of $1,323,000 and public service fees of $136,000, partially offset by decreased Journal Technologies’ consulting fees of $880,000, which are recognized upon project go-lives, and a reduction in the Company’s Traditional Business trustee sale notice revenues of $72,000, commercial advertising revenues of $167,000, and circulation revenues of $193,000. The Company’s Traditional Business segment’s pretax loss decreased by $103,000 to $43,000 from $146,000.  Journal Technologies business segment’s pretax loss increased by $1,640,000 to $10,556,000 from $8,916,000, after the amortization costs of intangible assets of $2,559,000 and $3,671,000 for the nine mo Show less Read more
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