Reported Earlier, Daily Journal Receives Nasdaq Non-Compliance Notice, Plans To Address Audit Committee Requirement

3/15/24 2:34:58 AM ET

Newspapers/Magazines

Consumer Discretionary

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On March 13, 2024, the company received a letter from Nasdaq indicating that the company has a cure period in order to regain compliance as follows:

until the earlier of the company's next annual shareholders' meeting or November 28, 2024; or
if the next annual shareholders' meeting is held before May 27, 2024, then the company must evidence compliance no later than May 27, 2024.

The company intends to fill the vacancy on the company's board of directors and audit committee with a qualified individual who meets the criteria of the Nasdaq listing rules in advance of the compliance deadline.

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Press Releases

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Daily Journal Corporation Announces Financial Results for the nine months ended June 30, 2024
LOS ANGELES, Aug. 14, 2024 (GLOBE NEWSWIRE) -- During the nine months ended June 30, 2024, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $50,058,000 as compared to $46,159,000 in the prior year period. This increase of $3,899,000 was primarily from increases in (i) Journal Technologies' license and maintenance fees of $3,438,000, and other public service fees of $1,251,000, partially offset by decreased consulting fees of $1,209,000, and (ii) the Traditional Business' advertising revenues of $441,000. The Traditional Business' pretax income decreased by $711,000 to $1,601,000 from $2,312,000 in the prior fiscal year period. This decrease was primarily from
8/14/24 5:18:25 PM ET
$DJCO
Newspapers/Magazines
Consumer Discretionary
Daily Journal Corporation Announces Financial Results for the six months ended March 31, 2024
LOS ANGELES, May 14, 2024 (GLOBE NEWSWIRE) -- During the six months ended March 31, 2024, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $32,564,000 as compared to $28,455,000 in the prior year period. This increase of $4,109,000 was primarily from increases in (i) Journal Technologies' license and maintenance fees of $3,337,000, and other public service fees of $904,000, partially offset by decreased consulting fees of $254,000, and (ii) the Traditional Business' advertising revenues of $209,000. The Traditional Business' pretax income decreased by $782,000 to $861,000 from $1,643,000 in the prior fiscal year period, primarily due to increased personnel costs of $
5/14/24 5:42:20 PM ET
$DJCO
Newspapers/Magazines
Consumer Discretionary
Daily Journal Corporation Announces Receipt of Expected Non-Compliance Letter from Nasdaq
LOS ANGELES, March 14, 2024 (GLOBE NEWSWIRE) -- As previously announced on December 1, 2023, due to the death of director Charles T. Munger, Daily Journal Corporation (NASDAQ:DJCO) notified the Nasdaq Stock Market ("Nasdaq") that the company's audit committee has only two members, which is contrary to Nasdaq Listing Rule 5605(c)(2)(A)'s requirement that listed companies have an audit committee of at least three members. On March 13, 2024, the company received a letter from Nasdaq indicating that the company has a cure period in order to regain compliance as follows: until the earlier of the company's next annual shareholders' meeting or November 28, 2024; orif the next annual sharehol
3/14/24 6:01:33 PM ET
$DJCO
Newspapers/Magazines
Consumer Discretionary

$DJCO
Financials

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Daily Journal Corporation Announces Financial Results for the nine months ended June 30, 2024
LOS ANGELES, Aug. 14, 2024 (GLOBE NEWSWIRE) -- During the nine months ended June 30, 2024, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $50,058,000 as compared to $46,159,000 in the prior year period. This increase of $3,899,000 was primarily from increases in (i) Journal Technologies' license and maintenance fees of $3,438,000, and other public service fees of $1,251,000, partially offset by decreased consulting fees of $1,209,000, and (ii) the Traditional Business' advertising revenues of $441,000. The Traditional Business' pretax income decreased by $711,000 to $1,601,000 from $2,312,000 in the prior fiscal year period. This decrease was primarily from
8/14/24 5:18:25 PM ET
$DJCO
Newspapers/Magazines
Consumer Discretionary
Daily Journal Corporation Announces Financial Results for the six months ended March 31, 2024
LOS ANGELES, May 14, 2024 (GLOBE NEWSWIRE) -- During the six months ended March 31, 2024, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $32,564,000 as compared to $28,455,000 in the prior year period. This increase of $4,109,000 was primarily from increases in (i) Journal Technologies' license and maintenance fees of $3,337,000, and other public service fees of $904,000, partially offset by decreased consulting fees of $254,000, and (ii) the Traditional Business' advertising revenues of $209,000. The Traditional Business' pretax income decreased by $782,000 to $861,000 from $1,643,000 in the prior fiscal year period, primarily due to increased personnel costs of $
5/14/24 5:42:20 PM ET
$DJCO
Newspapers/Magazines
Consumer Discretionary
Daily Journal Corporation Announces Financial Results for the three months ended December 31, 2023
LOS ANGELES, Feb. 14, 2024 (GLOBE NEWSWIRE) -- During the three months ended December 31, 2023, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $15,993,000 as compared to $12,301,000 in the prior year period. This increase of $3,692,000 was primarily from increases in (i) Journal Technologies' license and maintenance fees of $2,162,000, consulting fees of $980,000, and other public service fees of $450,000, and (ii) the Traditional Business' advertising revenues of $97,000. The Traditional Business' pretax income decreased by $648,000 to $287,000 from $935,000 in the prior fiscal year, primarily due to increased personnel costs of $331,000 to $2,549,000 from $2,218,
2/14/24 5:51:48 PM ET
$DJCO
Newspapers/Magazines
Consumer Discretionary

Reported Earlier, Daily Journal Receives Nasdaq Non-Compliance Notice, Plans To Address Audit Committee Requirement

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Recent Analyst Ratings for
$DJCO

$DJCO
Press Releases

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Daily Journal Corporation Announces Financial Results for the nine months ended June 30, 2024

Daily Journal Corporation Announces Financial Results for the six months ended March 31, 2024

Daily Journal Corporation Announces Receipt of Expected Non-Compliance Letter from Nasdaq

$DJCO
SEC Filings

SEC Form 13F-HR filed by Daily Journal Corp. (S.C.)

SEC Form 13F-HR filed by Daily Journal Corp. (S.C.)

SEC Form 10-Q filed by Daily Journal Corp. (S.C.)

$DJCO
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4: Munger Charles T disposed of 3,720 shares, decreasing direct ownership by 7% to 46,280 units

SEC Form 3: Mary Conlin claimed ownership of 100 units of Common Stock

$DJCO
Financials

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Daily Journal Corporation Announces Financial Results for the nine months ended June 30, 2024

Daily Journal Corporation Announces Financial Results for the six months ended March 31, 2024

Daily Journal Corporation Announces Financial Results for the three months ended December 31, 2023

$DJCO
Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Daily Journal Corp. (S.C.)

Amendment: SEC Form SC 13G/A filed by Daily Journal Corp. (S.C.)

SEC Form SC 13G/A filed by Daily Journal Corp. (S.C.) (Amendment)

$DJCO
Market Insights

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Daily Journal Reports H1 Consolidated Revenues Of $32.56M, Up From $28.45M Last Year

Reported Earlier, Daily Journal Receives Nasdaq Non-Compliance Notice, Plans To Address Audit Committee Requirement

Daily Journal Q1 EPS $9.16 Down From $12.95 YoY, Sales $15.99M Up From $12.30M YoY

Reported Earlier, Daily Journal Receives Nasdaq Non-Compliance Notice, Plans To Address Audit Committee Requirement

Chat with this insight

Recent Analyst Ratings for $DJCO

$DJCO Press Releases

Fastest customizable press release news feed in the world

Daily Journal Corporation Announces Financial Results for the nine months ended June 30, 2024

Daily Journal Corporation Announces Financial Results for the six months ended March 31, 2024

Daily Journal Corporation Announces Receipt of Expected Non-Compliance Letter from Nasdaq

$DJCO SEC Filings

SEC Form 13F-HR filed by Daily Journal Corp. (S.C.)

SEC Form 13F-HR filed by Daily Journal Corp. (S.C.)

SEC Form 10-Q filed by Daily Journal Corp. (S.C.)

$DJCO Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4: Munger Charles T disposed of 3,720 shares, decreasing direct ownership by 7% to 46,280 units

SEC Form 3: Mary Conlin claimed ownership of 100 units of Common Stock

$DJCO Financials

Live finance-specific insights

Daily Journal Corporation Announces Financial Results for the nine months ended June 30, 2024

Daily Journal Corporation Announces Financial Results for the six months ended March 31, 2024

Daily Journal Corporation Announces Financial Results for the three months ended December 31, 2023

$DJCO Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Daily Journal Corp. (S.C.)

Amendment: SEC Form SC 13G/A filed by Daily Journal Corp. (S.C.)

SEC Form SC 13G/A filed by Daily Journal Corp. (S.C.) (Amendment)

$DJCO Market Insights

Live Market Insights

Daily Journal Reports H1 Consolidated Revenues Of $32.56M, Up From $28.45M Last Year

Reported Earlier, Daily Journal Receives Nasdaq Non-Compliance Notice, Plans To Address Audit Committee Requirement

Daily Journal Q1 EPS $9.16 Down From $12.95 YoY, Sales $15.99M Up From $12.30M YoY

Recent Analyst Ratings for
$DJCO

$DJCO
Press Releases

$DJCO
SEC Filings

$DJCO
Insider Trading

$DJCO
Financials

$DJCO
Large Ownership Changes

$DJCO
Market Insights