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A. H. Belo Corp (AHC) SEC Filing 10-Q Quarterly report for the period ending Saturday, June 30, 2018

A. H. Belo Corp

CIK: 1413898 Ticker: AHC

Exhibit 99.1

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A. H. Belo Corporation Announces Second Quarter 2018 Financial Results



   Digital subscriptions grew by 6,407 subscribers, or 31.6 percent, in 2018 compared to 2017

 Operating expense decreased $11.8 million, or 18.4 percent, in 2018 compared to 2017



DALLAS - A. H. Belo Corporation (NYSE: AHC) today reported a  second quarter 2018 net loss of $0.5 million,  or $(0.03) per share.  In the second quarter of 2017,  A. H. Belo Corporation (the “Company”) reported a  net loss of $0.8 million, or $(0.04) per share.

In the second quarter of 2018, on a non-GAAP basis, the Company reported operating income adjusted for certain items (adjusted operating income)  of $2.7 million,  a  decrease of $0.1 million, or 3.4 percent, when compared to adjusted operating income of $2.8 million reported for the second quarter of 2017.

Robert W. Decherd, chairman, president and Chief Executive Officer, said, I am very excited to return the Company as CEO and am confident A. H. Belo is well-positioned financially to address the challenges and opportunities in our markets. As a Board member for many years, I am keenly aware of the exceptional talent of the Company’s leadership team, which is the most important aspect to successfully defining A. H. Belo’s future.

In May, the Company announced the hiring of Susan “Sue” Kerr as vice president of Print Audience, a newly created position reporting to Grant Moise, Publisher and President of The Dallas Morning News.  Moise said, “I wanted to make sure we have the best talent in the industry leading our print audience division.  Sue brings over three decades of customer service and subscription expertise to our company, and I have a tremendous amount of confidence that she will substantially improve this important part of our business. Sue’s customer-centric philosophy fits very well with what we are building.”


The following information was filed by A. H. Belo Corp (AHC) on Wednesday, August 8, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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A. H. Belo Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets (Unaudited)
Consolidated Balance Sheets (Unaudited) (Parenthetical)
Consolidated Statements Of Cash Flows (Unaudited)
Consolidated Statements Of Comprehensive Income (Loss) (Unaudited)
Consolidated Statements Of Operations (Unaudited)
Consolidated Statements Of Shareholders' Equity (Unaudited)
Acquisitions
Acquisitions (Narrative) (Details)
Basis Of Presentation And Recently Issued Accounting Standards
Basis Of Presentation And Recently Issued Accounting Standards (Narrative) (Details)
Basis Of Presentation And Recently Issued Accounting Standards (Policies)
Contingencies
Earnings Per Share
Earnings Per Share (Narrative) (Details)
Earnings Per Share (Schedule Of Earnings Per Share Reconciliation) (Details)
Earnings Per Share (Tables)
Goodwill And Intangible Assets
Goodwill And Intangible Assets (Narrative) (Details)
Goodwill And Intangible Assets (Schedule Of Identifiable Intangible Assets) (Details)
Goodwill And Intangible Assets (Tables)
Income Taxes
Income Taxes (Narrative) (Details)
Long-Term Incentive Plan
Long-Term Incentive Plan (Narrative) (Details)
Long-Term Incentive Plan (Schedule Of Compensation Expense Related To Stock Awards) (Details)
Long-Term Incentive Plan (Schedule Of Rsu Activity) (Details)
Long-Term Incentive Plan (Tables)
Pension And Other Retirement Plans
Pension And Other Retirement Plans (Narrative) (Details)
Pension And Other Retirement Plans (Policy)
Pension And Other Retirement Plans (Schedule Of Net Periodic Pension Benefit) (Details)
Pension And Other Retirement Plans (Tables)
Revenue
Revenue (Disaggregation By Revenue Source) (Details)
Revenue (Narrative) (Details)
Revenue (Remaining Performance Obligations, Start Date ) (Details)
Revenue (Revenue Recognition Reclassification) (Details)
Revenue (Tables)
Sales Of Assets
Sales Of Assets (Narrative) (Details)
Segment Reporting
Segment Reporting (Narrative) (Details)
Segment Reporting (Reportable Segment Information) (Details)
Segment Reporting (Tables)
Shareholders' Equity
Shareholders' Equity (Changes In Accumulated Other Comprehensive Loss) (Details)
Shareholders' Equity (Narrative) (Details)
Shareholders' Equity (Policy)
Shareholders' Equity (Tables)

Material Contracts, Statements, Certifications & more

A. H. Belo Corp provided additional information to their SEC Filing as exhibits

Ticker: AHC
CIK: 1413898
Form Type: 10-Q Quarterly Report
Accession Number: 0001413898-18-000043
Submitted to the SEC: Wed Aug 08 2018 4:41:30 PM EST
Accepted by the SEC: Wed Aug 08 2018
Period: Saturday, June 30, 2018
Industry: Newspapers Publishing Or Publishing And Printing

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