‘Signs of Hope’ in Times First Quarter Earnings

The New York Times Company will announce their first quarter earnings on Thursday, and the AP reports that analysts expect to see five cents per share on a $578.3 million revenue. Last year in the first quarter the company lost $74.5 million, or 52 cents per share.

This would suggest “signs of hope after several years of devastating declines in advertising revenue,” including a steep fall in the fourth quarter of last year.

‘Signs of Hope’ in Times First Quarter Earnings