New York Times reports 95.7 percent fall in quarterly profit

Vigilante

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What a shame. the liberal bible going in the toilet, Carlos Slime losing millions, and we on the right rejoice!

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.

Revenue fell to $363.6 million from $367.4 million.

(Excerpt) Read more at dailymail.co.uk ...
 

gipper

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They will be the last newspaper to go out of business. :eek:
I don't know about that, but the D party will keep it going via donations from rich libs. It is the official organ of D party...so they won't let it fail. Like Pravada was to the Communist Party of the USSR....but don't tell the average lib, because they like propaganda.
 

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