NY Times (NYT) Q1 Earnings Beat Estimates, Revenues Increase Y/Y [Yahoo! Finance]
New York Times Company (The) (NYT)
Last new york times company (the) earnings: 2/6 07:00 am
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US:NYSE Investor Relations:
investors.nytco.com/investors/default.aspx
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Source: Yahoo! Finance
The company's adjusted earnings per share came in at 31 cents, which surpassed the Zacks Consensus Estimate of 18 cents. The figure marked a substantial increase from the year-ago adjusted earnings of 19 cents a share. Total revenues of $594 million came ahead of the Zacks Consensus Estimate of $591 million and increased 5.9% year over year. The New York Times Company added approximately 210,000 net digital-only subscribers compared with the end of the preceding quarter, propelled by bundle and multi-product subscriber additions. Furthermore, The New York Times Company achieved consistent growth in its digital-only average revenue per user (“ARPU”). The ARPU increased to an impressive $9.21 in the first quarter from $9.04 in the year-ago period. This increase in ARPU can be attributed to subscribers transitioning from promotional pricing to higher rate plans and price hikes for tenured non-bundle subscribers. Subscription Revenues Rise Subscription revenues of $429 million gre
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Earnings
- 5/8/24 - Beat
NYT
Sec Filings
- 5/14/24 - Form 4
- 5/10/24 - Form 144
- 5/8/24 - Form 10-Q
- NYT's page on the SEC website