NYT Q3 2021: EPS $0.32; digital subscriptions add 455k; total paid subs >8.3M

NEW YORK TIMES CO

2021-Q3 EPS reported $0.89 revenue$1,480,645,000

Diluted EPS from continuing operations $0.32 vs $0.20 YoY; adjusted diluted EPS $0.23 vs $0.22.
Operating profit $49.0M vs $39.6M; adjusted op profit $65.1M vs $56.5M; total revenue +19%.
Added 455k net new digital subscriptions: 320k News, 135k Games/Cooking/Wirecutter; best Q3 ever for digital adds.
Surpassed 1 million international digital subscriptions; total paid subscriptions >8.3 million.
Launched paid subscriptions to Wirecutter; planning audio and kids product tests.

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