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New York Times Q4 Earnings

New York Times  (NYSE: NYT), reported Q4 earnings.

The company took an impairment charge of $814m to for the declining value of the Boston Globe property.  Inclusive of that charge, for Q4 the times reported a loss of $648m equal to EPS per share of ($4.50) versus $0.43 for the prior year.

Revenue came in at $931m, up from $893.   By division, advertising accounted for $626m and circulation $235. Other divisions provided $70m.   All three categories were up over Q4 of the prior year.

More detailed press coverage on New York Times’ finances can be found at:

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