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New York Times' revenue rises 6.1 pct in 3rd quarter
November 1, 2017 / 12:42 PM / 2 months ago

New York Times' revenue rises 6.1 pct in 3rd quarter

Nov 1 (Reuters) - The New York Times Co’s revenue rose 6.1 percent in the third quarter as the newspaper company signed up more paying online readers.

It said on Wednesday net income attributable to the company rose to $32.3 million in the quarter ended Sept. 24, from $406,000, a year earlier. On a per-share basis, the Times earned 20 cents per share.

Revenue rose to $385.6 million from $363.5 million. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Sai Sachin Ravikumar)

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