(Updates with the company's latest stock move in the headline and first paragraph.)
The New York Times (NYT) shares were down 15% in Wednesday trading after the company reported its Q2 results.
The company posted quarterly adjusted earnings of $0.69 per diluted share, up from $0.58 a year earlier.
Analysts surveyed by FactSet expected $0.66.
Revenue for the quarter ended June 30 was $762.5 million, up from $685.9 million a year earlier.
Analysts polled by FactSet expected $752 million.
Price: $64.20, Change: $-11.41, Percent Change: -15.09%