DJCO Daily Journal Corp.

Statement from Daily Journal Corporation regarding the passing of Charles T. Munger

Statement from Daily Journal Corporation regarding the passing of Charles T. Munger

LOS ANGELES, Nov. 29, 2023 (GLOBE NEWSWIRE) -- There is deep sadness across Daily Journal and Journal Technologies following news of the passing of Charles T. Munger on November 28, 2023. Above all, our condolences go to Charlie’s family and his many friends.

Charlie will be remembered for generations to come as a person of deep integrity and wisdom. He was an extraordinary thinker, investor, philanthropist, polymath, and human being. His life and approach have touched many people and organizations.

In business, Charlie is of course most famous for his legendary contributions at Berkshire Hathaway. However, following his original acquisitions of what eventually became Daily Journal Corporation, and in his long-time role over many decades as our Chairman, Charlie was instrumental in charting our course, contributing to our financial performance, and in ensuring the right kind of values are imbued into the fabric of our cultures at both Daily Journal and Journal Technologies.

Charlie will be missed by Daily Journal Corporation’s board of directors (of which Charlie remained a director until his passing), our employees, and our shareholders. Now, our responsibility is to carry on embodying the values that Charlie adhered to so unwaveringly, and work hard to continue building something enduring and impactful in the world, in ways that would make Charlie proud.



Steven Myhill-Jones, Chairman & CEO                                               (424) 406-1500
EN
30/11/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Daily Journal Corp.

 PRESS RELEASE

Daily Journal Corporation Announces Receipt of Expected Non-Compliance...

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 ...

 PRESS RELEASE

Daily Journal Corporation Announces Financial Results for the three mo...

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 $97,0...

 PRESS RELEASE

Daily Journal Corporation Announces Financial Results for Fiscal Year ...

Daily Journal Corporation Announces Financial Results for Fiscal Year ended September 30, 2023 LOS ANGELES, Dec. 27, 2023 (GLOBE NEWSWIRE) -- During fiscal 2023, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $67,709,000 as compared to $54,009,000 in the prior year. This increase of $13,700,000 was primarily from increases in (i) Journal Technologies’ consulting fees of $7,911,000, license and maintenance fees of $4,311,000 and other public service fees of $1,147,000, and (ii) the Traditional Business’ advertising revenues of $364,000, partially offset by a decrease ...

 PRESS RELEASE

Statement from Daily Journal Corporation regarding the passing of Char...

Statement from Daily Journal Corporation regarding the passing of Charles T. Munger LOS ANGELES, Nov. 29, 2023 (GLOBE NEWSWIRE) -- There is deep sadness across Daily Journal and Journal Technologies following news of the passing of Charles T. Munger on November 28, 2023. Above all, our condolences go to Charlie’s family and his many friends. Charlie will be remembered for generations to come as a person of deep integrity and wisdom. He was an extraordinary thinker, investor, philanthropist, polymath, and human being. His life and approach have touched many people and organizations. ...

 PRESS RELEASE

Daily Journal Corporation Announces Financial Results for the Nine Mon...

Daily Journal Corporation Announces Financial Results for the Nine Months ended June 30, 2023          LOS ANGELES, Aug. 14, 2023 (GLOBE NEWSWIRE) -- During the nine months ended June 30, 2023, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $46,159,000 as compared to $35,502,000 in the prior year period. This increase of $10,657,000 was primarily from increases in (i) Journal Technologies’ consulting fees of $6,451,000 mainly resulting from more project go-lives (i.e. signoffs by the clients), license and maintenance fees of $3,413,000 and other public service fees o...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch