– New York Times reports 95.7 percent fall in quarterly profit:
The New York Times Co reported a 95.7 fall in quarterly profit, hit by restructuring charges related to headcount reductions.
Net profit attributable to the newspaper publisher fell to $406,000, or break-even per share, in the third quarter, from $9.4 million, or 6 cents per share, a year earlier.
…
– New York Times Reports 95.7 Percent Fall in Quarterly Profit:
(REUTERS) The New York Times Co reported a 95.7 fall in quarterly profit, hit by restructuring charges related to headcount reductions.
Net profit attributable to the newspaper publisher fell to $406,000, or break-even per share, in the third quarter, from $9.4 million, or 6 cents per share, a year earlier.
Read the rest of the story at Reuters.com.
H/t reader kevin a.
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