NYT Q3 revenue $547.7M (+7.6% YoY), EPS $0.22; raises FY adjusted profit guidance to $320-330M

NEW YORK TIMES CO

2022-Q3 EPS reported $0.62 revenue$1,640,785,000

Diluted EPS from continuing ops $0.22 vs $0.32 prior year; adjusted EPS $0.21 vs $0.23.
Total revenue $547.7M, up 7.6% YoY; digital subscription revenue $243.9M (+22.8%).
Digital-only subscribers 8.59M, net adds 180k; bundle subscribers exceed 1M.
The Athletic recorded adjusted operating loss of $9.6M in Q3.
Raised full-year 2022 adjusted operating profit guidance to $320-330M, high end of prior range.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NEW YORK TIMES CO updated its the quarter ended September 25, 2022 guidance (raised).

Period: the quarter ended September 25, 2022
Guidance: raised
Result: reported results

Exact text from the filing

On November 2, 2022, The New York Times Company (the “Company”) issued a press release announcing its financial results for the quarter ended September 25, 2022.

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Source: SEC EDGAR

accession 0000071691-22-000032

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