New York Times: Digital Growth Turns Sour [Seeking Alpha]
New York Times Company (The) (NYT)
Last new york times company (the) earnings: 2/6 07:00 am
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investors.nytco.com/investors/default.aspx
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Source: Seeking Alpha
New York Times: Digital Growth Turns SourSummaryThe New York Times sank after reporting Q2 earnings results.Despite beating analysts' top and bottom line estimates, subscriber additions and ad sales on the digital business failed to impress investors.Growth in digital initiatives and a shift away from print journalism is one of the main drivers of the New York Times' massive rise over the past year.More modern and often free online news sources like Quartz are becoming a threat to the New York Times.Shares still carry a premium valuation despite little hopes for above-average growth.
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- 2/7/24 - Beat
NYT
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- 4/22/24 - Form 4
- 4/22/24 - Form 4
- 4/22/24 - Form 4
- NYT's page on the SEC website