$40 million pension plan negotiation cost leads New York Times Co. to report loss … – Talking New Media
Readjusted operating earnings (specified listed below) expanded to $59.2 million in the initial quarter of 2015 from $56.6 million in the initial quarter of 2014, as wide price decreases extra than balance out a decrease in earnings. Complete incomes for the very first quarter of 2015 lowered 1.6 percent to$384.2 million from$390.4 million. The Companyhad a revenue tax obligation advantage
of$9.4 million in the very first quarter of 2015 and also earnings tax obligation cost of$ 3.8 million in the very first quarter of 2014.
Changed operating revenue (specified listed below) expanded to $59.2 million in the initial quarter of 2015 from $56.6 million in the initial quarter of 2014, as wide price decreases a lot more than balance out a decrease in profits. Complete profits for the very first quarter of 2015 lowered 1.6 percent to$384.2 million from$390.4 million. Digital marketing income was $42.3 million, or 28.2 percent of overall Company marketing profits, contrasted with$38.2 million, or 24.0 percent, in the 2014 very first quarter. Raw products sets you back lowered to$20.3 million from$22.0 million in the very first quarter due to paper rate and also quantity decreases. The Companyhad an earnings tax obligation advantage
of$9.4 million in the very first quarter of 2015 and also earnings tax obligation cost of$ 3.8 million in the very first quarter of 2014.
