The New York Times Co. (NYT) on Thursday reported second-quarter net income of $15.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the New York-based company said it had profit of 9 cents. Earnings, adjusted for one-time gains and costs, came to 18 cents per share.
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The newspaper publisher posted revenue of $407.1 million in the period.
New York Times shares have increased 38 percent since the beginning of the year. The stock has increased 42 percent in the last 12 months.
This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on NYT at https://www.zacks.com/ap/NYT
Keywords: New York Times Co., Earnings Report