A. H. Belo Corporation Announces Second Quarter 2011 Financial Results and Dividend

A. H. Belo Corporation (NYSE: AHC) today announced a net loss of $6.8 million, or $0.32 per share, for the second quarter of 2011 compared to a net loss of $0.2 million, or $0.01 per share, in the second quarter of 2010. The second quarter 2011 net loss includes a tax charge of $3.0 million, or $0.14 per share, and non-cash expenses totaling $3.0 million, or $0.14 per share. The non-cash expenses include a $2.0 million, or $0.09 per share, expense related to the Company’s withdrawal from The G. B. Dealey Retirement Pension Plan, and a $1.0 million, or $0.05 per share, expense related to increased depreciation on certain fixed assets. The second quarter 2010 net loss included a gain of $5.4 million, or $0.26 per share, related to the Company’s disposition of a real estate asset.... Read more

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