NY Times Quarterly Revenue Falls On Lower Print Ad Sales - Presented by: The Aol. On Network

The New York Times reported a slight drop in second-quarter revenue as print advertising sales fell 6.6 percent, and the company said it expected a mid-single digit percentage drop in total ad revenue in the current quarter. Revenue fell to $388.7 million in the quarter from $390.9 million in the same quarter of 2013. Net income attributable to common stockholders fell to $9.2 million, or 6 cents per share, from $20.1 million, or 13 cents per share a year earlier.



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