The New York Times Grows Revenue and Profitability in Q2
As digital subscription business continues to grow
The New York Times Company (NYSE: NYT) reports solid performance in the second quarter as its digital subscription business continues to grow. Financial highlights for Q2 2018 include total revenue of $414.6 million, a 1.8 percent increase year-over-year. Subscription revenue of $260.6 million grew 4.2 percent, other revenue of $34.7 million grew 40.0 percent and advertising revenues of $119.2 million decreased 9.9 percent in comparison to the same period last year.
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