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New York Times revenue falls 1.2 percent

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Reuters
Last Updated : May 03 2016 | 6:23 PM IST

REUTERS - New York Times Co reported a 1.2 percent fall in quarterly revenue as ad sales fell in its print and digital businesses.

Net loss attributable to shareholders narrowed to $8.3 million, or 5 cents per share, in the first quarter from $14.3 million, or 9 cents per share, a year earlier.

Revenue fell to $379.5 million from $384.2 million.

(Reporting by Rishika Sadam in Bengaluru; Editing by Don Sebastian)

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First Published: May 03 2016 | 6:15 PM IST

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