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 This material may not be published, broadcast, rewritten or redistributed.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

Marketing Expert: Apple Pay May Bring 'Digital Wallet' Future

Wednesday, 22 Oct 2014 15:24 PM

pple's new mobile payment system, Apple Pay, is a quick, convenient and secure method of making purchases online and off . . .

Apple CEO Discusses Security with Top Chinese Official amid Hacking Claims

Wednesday, 22 Oct 2014 06:30 AM

Apple Inc Chief Executive Tim Cook discussed user data security at a meeting on Wednesday with a top Chinese government  . . .

Sen. Leahy Urges Comcast to Extend Net Neutrality Pledge

Tuesday, 21 Oct 2014 12:40 PM

Vermont Sen. Patrick Leahy, the chairman of the Judiciary Committee, has called on Comcast to extend its net neutrality  . . .

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