Monday, February 12, 2018

New York Times (NYT) Annual 2017 Pretax Income Was $111.2 Mil, Up a Blistering 265% or Up $80.7 Mil From Its Annual 2016 Pretax Income of $30.5 Mil ....................................................................................... However, The US Trump Tax Cut Act Punished NYT's Annual 2017 Earnings By $68.7 Mil, Primarily By Requiring Them to Write Down the Value of Its Deferred Income Tax Assets, and Thus NYT's After-Tax Net Income For Annual 2017 of $7.3 Mil Was $18.8 Mil Below That of Its Annual 2016 Net Income of $26.1 Mil