The revenue decline was primarily due to decreases in print advertising revenue of $20.6 million or 32.1% and a digital revenue drop of $10.7 million or 31.1%, with digital advertising revenue down 36.0%. Print circulation revenue declined $6.2 million or 12.4% versus the same period last year.

Net earnings rose to $52.8 million compared to a loss of $3.0 million last year due to non-cash settlement gain related to employee benefits, foreign exchange gains, and decreases in depreciation, amortization and restructuring expenses.