LOS ANGELES (AP) _ Daily Journal Corp. (DJCO) on Wednesday reported fiscal second-quarter net income of $12.5 million.
The Los Angeles-based company said it had profit of $9.04 per share. Earnings, adjusted for non-recurring gains, were $1.41 per share.
The newspaper publisher posted revenue of $14 million in the period.
Daily Journal shares have dropped 16% since the beginning of the year. The stock has increased 22% in the last 12 months.
The Associated Press