Tags: US | Earns | New | York | Times

New York Times Says Ad Slide Has Halted

Thursday, 22 Jul 2010 08:58 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The New York Times Co. says its advertising revenue stopped falling for the first time in years during the second quarter. Digital ad sales helped offset another decline in print.

It's a significant milestone because the publisher of The New York Times, The Boston Globe, the International Herald Tribune and 15 other daily newspapers pays most of its bills by selling ads.

The company's net income fell 18 percent from a year ago, when it booked a big one-time tax gain.

It earned $32 million, or 21 cents per share, in the latest quarter. That compares with $39.1 million, or 27 cents per share, a year ago.

Revenue climbed 1.2 percent to $590 million.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

China Launches Experimental Moon Orbiter

Friday, 24 Oct 2014 06:41 AM

China launched an experimental spacecraft on Friday to fly around the moon and back to Earth in preparation for the coun . . .

Australian Doctors Transplant 'dead' Hearts in Surgical Breakthrough

Friday, 24 Oct 2014 06:40 AM

Australian surgeons said Friday they have used hearts which had stopped beating in successful transplants, in what they  . . .

Former Rep. Walker: Climate Change More Politics Than Science

Thursday, 23 Oct 2014 15:42 PM

The issue of man-made climate change has become more of a political matter than a scientific one, former Pennsylvania Re . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved