$363.6 million /$367.4 million = 96% fall ?????????????
Drudge: “The New York Times Co reported a 95.7 fall in quarterly profit, hit by restructuring charges related to headcount reductions. Net profit attributable to the newspaper publisher fell to $406,000, or break-even per share, in the third quarter, from $9.4 million, or 6 cents per share, a year earlier. Revenue fell to $363.6 million from $367.4 million. The company, struggling to transition to digital, said online ad revenues grew 21.5 percent and now account for more than 35 percent of its advertising receipts.
Who cares what Drudge says?