The New York Times Co. (NYT) Reports Q2 EPS of $0.13; Revenues Fall 1.5%

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Go back to The New York Times Co. (NYT) Reports Q2 EPS of $0.13; Revenues Fall 1.5%

The New York Times Company Reports 2015 Second-Quarter Results

August 6, 2015 8:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- The New York Times Company (NYSE: NYT) announced today adjusted diluted earnings per share from continuing operations (defined below) of $.13 in the second quarter of 2015 compared with $.07 in the second quarter of 2014. Diluted earnings per share from continuing operations were $.10 in the second quarter of 2015 compared with $.06 in the same period of 2014.

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.... More