NYT Co. reports better-than-expected 1Q earnings

Associated Press
The Times earned $12.8 million, or 8 cents per share, in the first quarter. That compares with a loss of $74.5 million, or 52 cents per share, in the same period in 2009. Advertising revenue fell 6.1 percent, the smallest decline in more than a year. Overall revenue fell 3.2 percent to $588 million. || Read NYT’s story and the company’s release.
> McClatchy reports 3 cents a share profit in 1Q | Release

We have made it easy to comment on posts, however we require civility and encourage full names to that end (first initial, last name is OK). Please read our guidelines here before commenting.