TRENTON, N.J.– Journal Register Co., which owns several daily and weekly newspapers in Rhode Island, reported net income was down for the second quarter.
Income for this year’s second quarter was $10.4 million, or 25 cents per diluted share, compared to pro forma results of $13.2 million, or 29 cents per diluted share, during the year-ago period.
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Pro forma results exclude results for newspapers the company has sold during the current and prior year.
The Journal Register’s advertising revenues for the second quarter of 2001 were $98.7 million, down 4.5 percent, as compared to pro forma advertising revenues a year ago.
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