Associated Press
McClatchy’s says it earned $23.6 million, or 28 cents per share, in the third quarter. That compares with $4.2 million, or 5 cents a share, a year ago. Revenue tumbled 23% to $347 million, with ad sales down 28%. | Read the release.
> McClatchy’s News & Observer offers more buyouts
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McClatchy shows a profit despite 23% drop in revenue
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