New York Times Misses Earnings Targets But Digital Subs Grow
Posted: 10/25/2012 | By: Jeff John Roberts | PaidContent
Revenue at the New York Times Company fell once again in the third
quarter due to ongoing advertising declines in both print and digital as
the company posted earnings
of 2 cents a share, 6 cents below what analysts had
predicted. Operating profit for the quarter was $8.5 million compared to
$21 million from a year ago.