New Media Investment: 2Q Earnings Snapshot

August 2, 2018

NEW YORK (AP) _ New Media Investment Group Inc. (NEWM) on Thursday reported second-quarter net income of $11.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the New York-based company said it had profit of 20 cents.

The newspaper company posted revenue of $388.8 million in the period.

New Media Investment shares have climbed 5 percent since the beginning of the year. The stock has increased 25 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEWM at https://www.zacks.com/ap/NEWM

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