New York Times misses quarterly revenue estimates Reuters via biedexmarkets.com

© Reuters. The New York Times building is seen in Manhattan, New York, U.S., August 3, 2020. REUTERS/Shannon Stapleton/File Photo

(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.

Facebook
Twitter
LinkedIn
WhatsApp
Email