new york: The New York Times Co reported higher quarterly revenue as more people paid for its digital newspapers.
Fourth-quarter revenue totalled US$575.8mil, a 5.2% rise from the same quarter a year ago. Analysts were expecting US$570.42mil. The revenue increase was due in part to an additional week in the quarter. Advertising revenue fell 3.1% at its newspapers, including its flagship paper and The Boston Globe. Reuters
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!