secwatch.observer — SEC 8-K summary
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Issuer:     NEW YORK TIMES CO (NYT)
CIK:        0000071691
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0000071691-22-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYT Q2 revenue up 11.5% to $555.7M; operating profit down 29.5% on Athletic losses
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- Operating profit $51.7M (-29.5%); adjusted operating profit $76.2M (-18.0%) due to The Athletic losses.
- Digital subscription revenue $238.7M (+25.5%); added 180,000 net digital-only subscribers.
- Diluted EPS from continuing ops $0.37 (+$0.05); adjusted diluted EPS $0.24 (-$0.12).
- Adjusted operating loss at The Athletic segment was $12.6M in the quarter.
- Company reaffirms full-year profit outlook despite market uncertainties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71691/000007169122000026/0000071691-22-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71691/000007169122000026/nyt-20220803.htm
  HTML page:      https://secwatch.observer/filing/0000071691-22-000026

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