a h belo corp-a (AHC) Key Developments
A. H. Belo Corporation Declares Regular Quarterly Cash Dividend, Payable on September 4, 2015
May 14 15
A. H. Belo Corporation announced that the company’s Board of Directors declared a regular quarterly cash dividend of $0.08 per share, payable on September 4, 2015 to shareholders of record at the close of business on August 14, 2015.
A. H. Belo Seeks Acquisitions
Apr 28 15
A. H. Belo Corporation (NYSE:AHC) will consider acquisitions. Jim Moroney, Chairman, President and Chief Executive Officer of A. H. Belo said, "We continue to explore additional investment and acquisition opportunities in more channels of marketing in order to further diversify our sources of revenue. Our primary focus is directed at advertising and marketing services companies that have established financial performance and strong management teams and which display sophisticated uses of data to reach targeted audiences."
A. H. Belo Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 27 15
A. H. Belo Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total net operating revenue was $65,436,000 compared with $64,392,000 for the same period last year. Operating loss was $5,106,000 against $3,644,000 a year ago. Loss from continuing operations before income taxes was $5,411,000 against $3,935,000 a year ago. Income from continuing operations was $319,000 or $0.02 per basic and diluted share against loss from continuing operations of $4,826,000 or $0.22 per basic and diluted share a year ago. Net income attributable to the company was $363,000 or $0.02 per basic and diluted share against net loss of $4,037,000 or $0.19 per basic and diluted share a year ago. LBITDA from continuing operations was $1,998,000 against $495,000 a year ago. Adjusted LBITDA from continuing operations was $1,354,000 against adjusted EBITDA of $439,000 a year ago. The improvement of 1.6% this quarter is primarily due to the expansion of marketing services operations, resulting from January acquisition of DMV, the continued growth of content marketing agency Speakeasy, the expansion of the event marketing company Crowdsource and growth in commercial printing and distribution operations.
A. H. Belo Corporation Appoints Mary Kathryn Murray as Principal Accounting Officer, Effective May 1, 2015 to Replace Michael N. Lavey
Apr 24 15
On April 24, 2015, the Board of Directors of A. H. Belo Corporation appointed, effective as of May 1, 2015, Mary Kathryn Murray to serve as the Company's principal accounting officer. Ms. Murray has served as the Company's Senior Vice President/Chief Financial Officer, Treasurer and Assistant Secretary since April 1, 2015, and is the Company's principal financial officer. Michael N. Lavey, Vice President/Corporate Controller and the Company's current principal accounting officer, has resigned effective May 1, 2015 to pursue another opportunity. Ms. Murray, age 46, served as the Chief Financial Officer of SourceHOV from November 2011 to April 2013.
A. H. Belo Corporation to Report Q1, 2015 Results on Apr 27, 2015
Apr 13 15
A. H. Belo Corporation announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Apr 27, 2015