DJCO Daily Journal Corp. (S.C.) featured news, full reports, and detailed charts
Daily Journal Corp. (S.C.) (DJCO) Wrap Up:
The Company publishes newspapers and web sites covering California, Arizona and Nevada, as well as the California Lawyer and 8-K magazines, and produces several specialized information services. It also serves as a newspaper representative specializing in public notice advertising. Sustain Technologies, Inc. (“Sustain”), a 93% owned subsidiary as of September 30, 2007, has been consolidated since it was acquired in January 1999. Sustain supplies case management software systems and related products to courts and other justice agencies, including district attorney offices and administrative law organizations. These courts and agencies use the Sustain family of products to help manage cases and information electronically and to interface with other critical justice partners. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f12%2f27%2f0001193125-07-271900.html#FIS_BUSINESS"Daily Journal Corp. (DJCO:NASDAQ)
Snapshot of Daily Journal Corp. (DJCO)
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OPEN
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PREVIOUS CLOSE
$56.00
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
10/6/09 - $58.01
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52 WEEK LOW
12/10/08 - $31.01
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MARKET CAP
81.0M
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AVERAGE VOLUME 3 mo
552.0
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DILUTED EPS TTM
$5.44
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SHARES OUTSTANDING
1.4M
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DJCO Does Not Pay Dividends
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P/E TTM
10.3x
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| K = Thousands M = Millions B = Billions | ||
related news
DJCO Top Compensated Officers
Executives, Board Directors
Key developments for Daily Journal Corp. (DJCO)
Daily Journal Corp. reported earnings results for the nine months ended June 30, 2009. Consolidated revenues of the company were $30,315,000 and $30,078,000 for the nine months ended June 30, 2009 and 2008, respectively. This increase of $237,000 (1%) was primarily from an increase in public notice advertising revenues of $2,224,000, which more than offset a decrease of $791,000 (22%) in display advertising revenues and a $1,295,000 (43%) decrease in classified advertising revenues. During the nine months ended June 30, 2009, consolidated pretax income increased by $1,084,000 (13%) to $9,383,000 from $8,299,000 in the nine months ended June 30, 2008. The Company's traditional business segment pretax profit increased by $1,027,000 (12%) to $9,351,000 from $8,324 000 primarily because of an increase in trustee foreclosure sale notices and a decrease in personnel costs. Sustain's business segment pretax income increased $57,000 to $32,000 from a loss of $25,000, primarily because of increased consulting revenues. Consolidated net income was $5,773,000 and $5,149,000 for the nine months ended June 30, 2009 and 2008, respectively. Net income per share increased to $4.08 from $3.54.
Daily Journal Corp. reported earnings results for the second quarter ended March 31, 2009. The company reported a net income of $1.7 million for the second quarter ended March 31, 2009. In contrast, the company posted net income of $1.65 million for the same quarter in the previous year.
Daily Journal Corp. reported consolidated earnings results for the six months ended March 31, 2009. For the period, revenues were $19,436,000 and $18,924,000 for the six months ended March 31, 2009 and 2008, respectively. This increase of $512,000 (3%) was primarily from an increase in public notice advertising revenues of $1,612,000. Pretax income increased by $800,000 17% to $5,598,000 from $4,798,000 in the six months ended March 31, 2008. Net income was $3,443,000 and $2,928,000 for the six months ended March 31, 2009 and 2008, respectively. Net income per share increased to $2.42 from $2.02.
DJCO Competitors
| Company | Last | Change |
| Courier Corp | $13.25 USD | -0.05 |
| Dolan Media Co | $11.98 USD | -0.31 |
| EPIQ Systems Inc | $12.67 USD | +0.17 |
| WebMediaBrands Inc | $0.72 USD | -0.0001 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | DJCO | Industry Range |
| Price/Earnings | 10.3x |
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| Price/Sales | 1.9x |
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| Price/Book | 1.6x |
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| Price/Cash Flow | 9.4x |
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| TEV/Sales | 0.7x |
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DJCO |
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DJCO transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent News About Daily Journal Corp. (S.C.)
More news for DJCO
DAILY JOURNAL CORP Files SEC form 10-K, Annual Report
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Results of Operations Revenues were $40,605,000 and $35,113,000 for fiscal years 2008 and 2007, respectively. This increase of $5,492,000 (16%) was primarily the result of an increase in public notice advertising revenues. The Company continued to benefit from the large number of foreclosure sales in California and Arizona, for which public notice advertising is required by law. Public notice advertising revenues increased by $6,634,000. The Company's smaller newspapers, those other than the Los Angeles and San Francisco Daily Journals ("The Daily Journals"), accounted for about 95% of the total public notice advertising revenues. Public notice advertising revenues and related advertising and other service fees constituted about 47% of the Company's total revenues. Display advertising revenues decreased by $173,000 (4%). Classified advertising revenues decreased by $1,700,000 (31%) primarily due to a downturn in the employment advertising marketplace. Total circulation revenues decreased by $372,000 (4%). The Daily Journals accounted for about 78% of the Company's total circulation revenues. The court rule and judicial profile services generated about 14% of the total circulation revenues, with the other newspapers and services accounting for the balance. Information system and service revenues increased by $857,000 (22%) primarily because of increases in Sustain's consulting revenues. The Company's revenues derived from Sustain's operations constituted about 12% and 11% of the Company's total revenues for fiscal 2008 and 2007, respectively. Costs and expenses increased by $3,669,000 (14%) to $29,740,000 from $26,071,000 due primarily to the reversal of a $2,975,000 contingent liability at Sustain in fiscal 2007 that had the one-time effect of reducing costs and expenses in that year. Ignoring this one time reversal, total costs and expenses increased by...Click here to read the whole Article (external link)
DAILY JOURNAL CORP Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The Company continues to operate as two different businesses: (1) The "traditional business", being the business of newspaper and magazine publishing and related services that the Company had before 1999 when it purchased Sustain, and (2) the Sustain software business, which supplies case management software systems and related products to courts and other justice agencies, including district attorney offices and administrative law organizations. During the nine months ended June 30, 2009, consolidated pretax income increased by $1,084,000 (13%) to $9,383,000 from $8,299,000 in the nine months ended June 30, 2008. The Company's traditional business segment pretax profit increased by $1,027,000 (12%) to $9,351,000 from $8,324,000 primarily because of an increase in trustee foreclosure sale notices and a decrease in personnel costs. Sustain's business segment pretax income increased $57,000 to $32,000 from a loss of $25,000, primarily because of increased consulting revenues. Consolidated revenues were $30,315,000 and $30,078,000 for the nine months ended June 30, 2009 and 2008, respectively. This increase of $237,000 (1%) was primarily from an increase in public notice advertising revenues of $2,224,000, which more than offset a decrease of $791,000 (22%) in display advertising revenues and a $1,295,000 (43%) decrease in classified advertising revenues. The Company continued to benefit from the large number of foreclosure sales in California and Arizona, for which public notice advertising is required by law. The Company's smaller newspapers, those other than the Los Angeles and San Francisco Daily Journals ("The Daily Journals"), accounted for about 96% of the total public notice advertising revenues. Public notice advertising revenues and related advertising and other service fees constituted about 53% of the Company's total revenues. (Consolid...Click here to read the whole Article (external link)
DAILY JOURNAL CORP Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The Company continues to operate as two different businesses: (1) The "traditional business", being the business of newspaper and magazine publishing and related services that the Company had before 1999 when it purchased Sustain, and (2) the Sustain software business, which supplies case management software systems and related products to courts and other justice agencies, including district attorney offices and administrative law organizations. During the six months ended March 31, 2009, consolidated pretax income increased by $800,000 (17%) to $5,598,000 from $4,798,000 in the six months ended March 31, 2008. The Company's traditional business segment pretax profit increased by $691,000 (14%) to $5,581,000 from $4,890,000 primarily because of an increase in trustee foreclosure sale notices, partially offset by a decrease in commercial advertising revenues. Sustain's business segment pretax income increased $109,000 (118%) to $17,000 from a loss of $92,000, primarily because of increased consulting revenues. Consolidated revenues were $19,436,000 and $18,924,000 for the six months ended March 31, 2009 and 2008, respectively. This increase of $512,000 (3%) was primarily from an increase in public notice advertising revenues of $1,612,000. The Company continued to benefit from the large number of foreclosure sales in California and Arizona, for which public notice advertising is required by law. The Company's smaller newspapers, those other than the Los Angeles and San Francisco Daily Journals ("The Daily Journals"), accounted for about 96% of the total public notice advertising revenues. Public notice advertising revenues and related advertising and other service fees constituted about 51% of the Company's total revenues. Display advertising revenues decreased by $380,000 (16%). Classified advertising revenues decreased by $984,000 (46%) primar...Click here to read the whole Article (external link)
DAILY JOURNAL CORP Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The Company continues to operate as two different businesses: (1) The "traditional business", being the business of newspaper publishing and related services that the Company had before 1999 when it purchased Sustain, and (2) the Sustain software business, which supplies case management software systems and related products to courts and other justice agencies, including district attorney offices and administrative law organizations. During the three months ended December 31, 2008, consolidated pretax income increased by $718,000 (34%) to $2,843,000 from $2,125,000. The Company's traditional business segment pretax profit increased by $613,000 (27%) to $2,907,000 from $2,294,000 primarily because of an increase in trustee foreclosure sale notices, partially offset by a decrease in commercial advertising revenues. Sustain's business segment pretax loss decreased $105,000 (62%) to $64,000 from $169,000, primarily because of increased consulting revenues. Consolidated revenues were $9,811,000 and $8,986,000 for the three months ended December 31, 2008 and 2007, respectively. This increase of $825,000 (9%) was primarily from an increase in public notice advertising revenues of $1,164,000. The Company continued to benefit from the large number of foreclosure sales in California and Arizona, for which public notice advertising is required by law. The Company's smaller newspapers, those other than the Los Angeles and San Francisco Daily Journals ("The Daily Journals"), accounted for about 96% of the total public notice advertising revenues. Public notice advertising revenues and related advertising and other service fees constituted about 68% of the Company's total revenues. Display advertising revenues decreased by $182,000 (15%). Classified advertising revenues decreased by $393,000 (40%) primarily due to a downturn in the employment advertising mar...Click here to read the whole Article (external link)
Newspaper Stocks: 3 Best, 3 Worst
Stock quotes in this article: DJCO , SSP , WPO , ...Click here to read the whole Article (external link)
DAILY JOURNAL CORP Financials
PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue10,852 9,652 9,811 10,527 Cost of Revenue6,166 6,025 5,954 8,856 Gross Profit4,686 3,627 3,857 1,671 Operating ExpensesResearch Development - - - - Selling General and Administrative931 894 943 (1,761)Non Recurring - - - - Others163 165 215 298 Total Operating Expenses - - - - Operating Income or Loss3,592 2,568 2,699 3,134 Income from Continuing OperationsTotal Other Income/Expenses Net203 197 154 165 Earnings Before Interest And Taxes3,795 2,765 2,853 3,299 Interest Expense10 10 10 10 Income Before Tax3,785 2,755 2,843 3,289 Income Tax Expense1,455 1,060 1,095 1,325 Minority Interest - - - - Net Income From Continuing Ops2,330 1,695 1,748 1,964 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - ...Click here to read the whole Article (external link)
Daily Journal Prints Cash: Under the Radar
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