New York Times: 2Q Earnings Snapshot

August 8, 2018 GMT

NEW YORK (AP) _ The New York Times Co. (NYT) on Wednesday reported second-quarter profit of $23.6 million.

The New York-based company said it had profit of 14 cents per share. Earnings, adjusted for non-recurring costs, were 17 cents per share.

The newspaper publisher posted revenue of $414.6 million in the period.

New York Times shares have climbed 31 percent since the beginning of the year. The stock has risen 27 percent in the last 12 months.


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