The New York Times Co., (NYT) announced earnings for its first quarter that increased from the same period last year.
The company's bottom line totaled $21.91 million, or $0.13 per share. This compares with $13.18 million, or $0.08 per share, in last year's first quarter.
Analysts had expected the company to earn $0.15 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.8% to $413.95 million from $398.80 million last year.
The New York Times Co., earnings at a glance:
-EPS (Q1): $0.17 vs. $0.10 last year.
-Analysts Estimate: $0.15
-Revenue (Q1): $413.95 Mln vs. $398.80 Mln last year.
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