secwatch.observer — SEC 8-K summary
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Issuer:     NEW YORK TIMES CO (NYT)
CIK:        0000071691
Form:       8-K/A
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000071691-22-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYT Q1 GAAP EPS $0.03, adjusted $0.19; adds 387k digital subscribers; corrects prior counts
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- GAAP diluted EPS $0.03 (vs $0.24 YoY); adjusted EPS $0.19 (vs $0.26)
- Operating profit $6.3M (vs $51.7M) due to Athletic acquisition costs and losses
- Digital subscription revenue +26%; total advertising revenue +20%
- Net digital subscriber additions 387k; total subscribers 9.1M
- Corrected Digital News subscriber understatement: ~43k (Q1 2021), ~42k (Q4 2021)

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71691/000007169122000021/0000071691-22-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71691/000007169122000021/nyt-20220504.htm
  HTML page:      https://secwatch.observer/filing/0000071691-22-000021

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