Buoyed by strong digital growth and cost savings, The New York Times Company reported on Thursday an increase in quarterly profit, but said revenue was flat as its print business continued to decline.
The Times’s net income for the fourth quarter was $52 million, an increase of 48 percent compared with the same period in 2014. Company revenue was $445 million during the last three months of 2015, the same as the year-ago period.
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