NYT Digital Posts Record Operating Profit

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NEW YORK New York Times Digital, which includes NYTimes.com and Boston.com, today reported that fourth-quarter revenue rose more than 27 percent to $25 million from $19.7 million in the same period a year earlier.

Operating profit more than doubled to a record $7.2 million from $3.3 million in the year-ago quarter. Q4 revenue was up 15 percent from Q3’s $21.8 million, while operating profit grew 26 percent from $5.7 million in the third quarter.

The New York-based online unit of The New York Times Company attributed the boost to higher advertising revenue resulting from increased volume.

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