secwatch.observer — SEC 8-K summary
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Issuer:     NEW YORK TIMES CO (NYT)
CIK:        0000071691
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0000071691-21-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New York Times reports Q2 EPS $0.32 ($0.36 adj) vs $0.14 ($0.18 adj) YoY; digital subs add 142k, total >8M
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- Diluted EPS from continuing ops $0.32, up from $0.14; adjusted diluted EPS $0.36 vs $0.18.
- Operating profit $73.3M, adj. operating profit $92.9M; revenue higher across subscription, advertising, other.
- Added 142,000 net digital subscriptions in Q2 (77k News, 65k Cooking/Games); total paid subscriptions >8 million.
- Expects total annual net subscription additions in range of 2019; Q2 typical softest quarter.
- CEO cites strong revenue and profit growth, investing in products and bundle; addressable market ~100M English-language journalism payers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71691/000007169121000024/0000071691-21-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71691/000007169121000024/nyt-20210804.htm
  HTML page:      https://secwatch.observer/filing/0000071691-21-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer