The New York Times Co. (NYT) Tops Q3 EPS by 3c, Offers Outlook

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The New York Times Company Reports 2015 Third-Quarter Results

October 29, 2015 8:31 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 $.09 in the third quarter of 2015 compared with $.03 in the third quarter of 2014. Diluted earnings per share from continuing operations was $.06 in the third quarter of 2015 compared with a loss of $.08 in the same period of 2014.

Adjusted operating profit (defined below) grew to $47.6 million in the third quarter of 2015 from $40.0 million in the third quarter of 2014. This increase was driven by revenue growth combined with cost reductions. Operating profit was... More