The August 8 Publishers Daily
story "New York Times Co. Reports Digital
Subscription Revs Up 20%, Ad Revenues Fall,"
incorrectly reported that the company had a "profit of almost $24 million, topping Wall Street estimates of $411 million." The mistake was
comparing the company's profit ($24 million) to projected revenues ($411 million). The company's actual revenues ($414.6 million) beat analysts' estimates.