The New York Times Co. (NYT) Reports In-Line Q2 EPS
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The New York Times Company Reports 2016 Second-Quarter Results
July 28, 2016 8:30 AM EDTNEW YORK--(BUSINESS WIRE)-- The New York Times Company (NYSE: NYT) announced today a second-quarter 2016 diluted loss per share from continuing operations of $.00 compared with diluted earnings per share of $.10 in the same period of 2015. Adjusted diluted earnings per share from continuing operations (defined below) were $.11 in the second quarter of 2016 compared with $.13 in the second quarter of 2015.
Operating profit decreased to $9.1 million in the second quarter of 2016 from $38.1 million in the same period of 2015. The decline was driven by costs incurred in connection with the streamlining of the Companys... More
