The New York Times Co. (NYT) Reports Q2 EPS of $0.13
The New York Times Co. (NYSE: NYT) reported Q2 EPS of $0.13, versus $0.07 reported last year. Revenue for the quarter came in at $382.9 million, versus $388.7 million reported last year.
Adjusted operating profit (defined below) grew to $64.4 million in the second quarter of 2015 from $55.7 million in the second quarter of 2014, as digital revenue growth combined with cost reductions more than offset a decline in print revenues. Operating profit was $38.1 million in the second quarter of 2015 compared with $16.5 million in the same period of 2014.
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