The McClatchy Co., the California-based parent company of The News Tribune and The Olympian, this week reported first quarter losses of $12.7 million or 15 cents a share.
Part of those losses were driven by $8.1 million in losses related to debt refinancing and debt repurchases, the company said. Other factors included in the first-quarter results included $1.3 million after-tax losses incurred in relocating the company’s Miami newspaper operations and $1.4 million in severance payment after-tax losses.
Those results compared with 2012 first quarter losses of $2.1 million or two cents a share.
Total revenues in the first quarter were …