secwatch.observer — SEC 8-K summary
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Issuer:     NEW YORK TIMES CO (NYT)
CIK:        0000071691
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0000071691-23-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYT Q4 EPS $0.43; adj EPS $0.59; raises capital return target to ≥50% FCF
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- Q4 revenue $667.5M (+12.3% YoY); digital-only subscription revenue $269.2M (+31% YoY).
- Adjusted operating profit $141.8M vs $109.3M YoY; operating profit $93.0M vs $94.1M YoY.
- Digital-only subscribers 8.83M, net adds 240k in Q4; total subscribers 9.55M.
- Board authorizes dividend increase and new share repurchase; capital return target ≥50% of free cash flow.
- Full-year adj operating profit $348M, ahead of guidance; operating profit $202M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71691/000007169123000003/0000071691-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71691/000007169123000003/nyt-20230208.htm
  HTML page:      https://secwatch.observer/filing/0000071691-23-000003

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