Pretty bare bones stuff. But this isn’t a plain-vanilla situation. In fact, there’s some serious insight here. This is one of the old-line pure-play media companies and in many ways is a barometer of how midmarket newspapers are likely to fare. And there are, after all, about 62 million shares outstanding, with Yahoo Finance saying that as of the end of March, 119 institutions held shares. That means more than a few people have these shares in their retirement and other accounts (and may not realize it).
Common Sense Journalism: McClatchy earnings shows limits of automated stories
Doug Fisher points out in his blog, an important example of the limits of automated reporting of financial data. AP and Narrative Science are using artificial intelligence to write grammatically correct stories, however, a profit, isn’t always a profit, as the second story cited by Doug shows.