The New York Times Co NYT reported upbeat fourth-quarter results.
New York Times posted its quarterly revenue of $443.9 million, versus analysts' estimates of $441 million.
Its quarterly net income from continuing operations dropped to $38.6 million, or $0.24 per share, versus $118 million, or $0.76 per share, in the year-ago period. Analysts expected earnings of $0.16 per share.
New York Times shares closed at $13.84 yesterday.
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