NEW YORK (AP) — NEW YORK (AP) — The New York Times Co. (NYT) on Wednesday reported net income of $123.7 million in its fourth quarter.
On a per-share basis, the New York-based company said it had net income of 75 cents. Earnings, adjusted for non-recurring costs, were 80 cents per share.
The newspaper publisher posted revenue of $726.6 million in the period.
For the year, the company reported profit of $293.8 million, or $1.77 per share. Revenue was reported as $2.59 billion.
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