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Home Breaking News

Daily Journal NASDAQ DJCO Reports Decline in EPS but Impressive Increase in Sales for Q1 2023

Elaine Mendonca by Elaine Mendonca
February 15, 2024
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On February 14, 2024, the Daily Journal (NASDAQ: DJCO) unveiled their first quarter 2023 financial results, showcasing a noteworthy earnings per share (EPS) of $9.16. This figure marked a significant decline of 29.27% compared to the EPS of $12.95 during the corresponding period in the previous year.

Surpassing expectations, the company reported sales of $15.99 million for the quarter, exhibiting an impressive increase of 30.01% when compared to the $12.30 million achieved in the same period last year. These figures indicate a promising start to the year for the Daily Journal.

For more in-depth information regarding their financial performance, interested parties can access the comprehensive financial report on the Securities and Exchange Commission’s EDGAR database.

DJCO Stock Soars on February 14, 2024 with Impressive Performance and High Trading Volume

On February 14, 2024, DJCO stock exhibited strong performance, trading near the top of its 52-week range and above its 200-day simple moving average. According to data from CNN Money, the price of DJCO shares increased by $13.10 since the market last closed, representing a rise of 4.17%. Closing at $327.60, DJCO stock ended the day on a high note. Furthermore, the stock remained unchanged in after-hours trading. Overall, DJCO stock had a strong performance on February 14, 2024.

DJCO Stock Shows Promising Performance with 25.37% Revenue Increase in 2024

DJCO, the stock symbol for Daily Journal Corporation, showed promising performance on February 14, 2024. The company reported total revenue of $67.71 million over the past year, representing a 25.37% increase compared to the previous year. The company also reported a net income of $21.45 million over the past year, reflecting a remarkable 128.37% increase compared to the previous year. The earnings per share (EPS) stood at $15.58, reflecting a 128.42% increase compared to the previous year. DJCO’s stock performance indicates strong financial growth, and investors and analysts are likely to view it positively.

Tags: DJCO
Elaine Mendonca

Elaine Mendonca

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