Daily Journal Corporation (DJCO) sells software and media services, with a focus on court and justice systems, and operates a regional newspaper business in California. The next catalyst is October 15, 2026 — Federal & State GovTech Procurement Cycle Update, which will test the company’s ability to secure government contracts and deliver on its software-as-a-service (SaaS) growth story.
- Revenue grew 7.0% YoY in 2017, but net income was -$88.15M, with a net margin of -216.5% TTM.
- Debt-to-equity ratio is 0.00x, suggesting minimal leverage.
- Shareholders’ equity stands at $391.06M as of 2017-12-31.
The Read
Daily Journal's stock surged on strong software segment growth in Q2 2026, then rallied further on contract progress in July but retreated in August as valuation concerns overshadowed earnings momentum.
The schedule
- Thu15Oct
The update tests the company's ability to secure and execute government contracts, which is critical for revenue growth. Unlike the last procurement cycle, this one includes a focus on digital transformation, which may shift the P&L focus to tech integration.
- Sun8Nov
The earnings release will test the company's ability to meet or exceed guidance, particularly in the context of recent procurement wins. The last earnings print showed a positive surprise, but this quarter's results will be scrutinized for margin expansion and cash flow generation.
- Fri5Feb
This earnings release will test the company's ability to sustain growth from recent procurement wins and expand into new markets. The last earnings print showed a bull move, but this quarter's results will be key in determining if the trend is sustainable.
- Sun2May
The earnings release will test the company's ability to maintain momentum from the previous quarter and adapt to any macroeconomic shifts. The last earnings print showed a bull move, but this quarter's results will be key in determining if the trend is sustainable.
- Tue27Jul
This earnings release will test the company's ability to deliver on its long-term growth strategy, particularly in the context of new market expansion and digital transformation. The last earnings print showed a bull move, but this quarter's results will be key in determining if the trend is sustainable.
Past
- Sun9Aug
Actual outcome: Bear · $559.88 at outcome
Daily Journal Corporation reported Q3 2026 total revenue of $27.0 million, a 15% year-over-year increase, and met EPS estimates of -$25.14. Despite the top-line growth, the stock faced downward pressure and reached the bear floor as the market weighed the company's persistent valuation discount relative to its equity portfolio and holding company norms.
Fiscal third-quarter earnings focusing on core software revenue growth and the mark-to-market performance of DJCO's equity portfolio.
- Wed15Jul
Actual outcome: Bull · $595.98 at outcome
Daily Journal Corporation's update on Journal Technologies highlighted steady progress and successful rollouts of its court and justice agency software implementations. The positive operational momentum and execution on key contracts reassured investors of the software segment's growth trajectory, driving the stock past the bull target.
Intra-quarter update or industry data regarding court and justice agency software implementations.
- Fri15May
Actual outcome: Bull · $474.01 at outcome
Daily Journal reported Q2 revenue of $22.7 million, a 25% year-over-year increase driven by strong growth in its Journal Technologies software segment, while EPS met estimates at -$25.14. Although the company posted a net loss due to unrealized investment losses and rising operating costs, the market rewarded the robust top-line growth in its core software business. This operational strength overshadowed the volatility in its equity portfolio, driving the stock steadily higher to surpass the bull target.
Daily Journal's fiscal Q2 results will highlight software segment growth against volatility in its significant equity investment portfolio.