The New York Times Co on Thursday said revenue declined 3 percent in the fourth quarter, showing that newspapers were still experiencing an industry-wide slump.
Total revenue was at $661.7 million, missing analysts' expectations of $666.1 million, according to Thomson Reuters I/B/E/S.
Advertising revenue at the company, which publishes The New York Times and the Boston Globe, was down 3 percent in the fourth quarter compared with the year-ago period.
Net income for the quarter was $67 million, or 44 cents per share, compared with $90.7 million, or 61 cents per for the same period last year.
(Reporting by Jennifer Saba, editing by Maureen Bavdek)