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    Times Earnings Way Below Expectations

    Picture 36-1"The New York Times Company reported a $335,000 first-quarter loss on Thursday in a performance that fell far short of both analysts’ expectations and its $23.9 million profit in the quarter a year earlier. The loss was a fraction of a penny per share, compared with the average analyst forecast of earnings of 14 cents and the 17 cents earned in the first quarter of 2007." [Times]


    Send an email to Ryan Tate, the author of this post, at ryan@gawker.com.