Journal Register offline down, online up

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Not all is Wall Street. Journal Register Co’s fourth quarter earning tumbled by fifty one percent. The earnings dropped from $25.4 million to $12.5 million. In other words, in the last three months the earnings were down by good 18%.

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But you have good news also from the newspaper. Company’s online revenue are up by 50 good percent last year. Its newly acquired JobsintheUs.com an operator of several career website is also expected to bring in more good news. $3 million in revenue is what expected from the job site this year.

Via [Businessweek]

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