The publisher reported revenue of $676.2 million for the fourth quarter, compared with analysts' estimates of $679.24 million, according to LSEG data.
(Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Maju Samuel)
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5-day change | 1st Jan Change | ||
47.44 USD | -0.62% | +6.97% | -2.94% |
May. 08 | News Corp misses quarterly revenue estimates | RE |
May. 08 | The New York Times Q1 Adjusted Earnings, Revenue Rise | MT |
(Reuters) - New York Times missed expectations for quarterly revenue on Wednesday, hurt by a slowdown in advertising sales and fewer customers signing up for its bundles.
The publisher reported revenue of $676.2 million for the fourth quarter, compared with analysts' estimates of $679.24 million, according to LSEG data.
(Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Maju Samuel)
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