NYT Q2 2023: EPS $0.28 adj $0.38; digital sub rev +13%, ad rev +6.5%; Athletic loss narrows

NEW YORK TIMES CO

2023-Q2 EPS reported $0.42 revenue$1,151,592,000

Diluted EPS $0.28 (vs $0.37); adjusted diluted EPS $0.38 (vs $0.28).
Total revenue $590.9M (+6.3% YoY); digital-only sub revenue $269.8M (+13% YoY).
Digital-only subscribers 9.19M (+180k net); ARPU $9.15 (+3.6% YoY).
Digital advertising revenue $73.8M (+6.5% YoY); total operating profit $55.8M (+7.9% YoY).
The Athletic segment adjusted operating loss narrowed to $7.8M from $12.6M.

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 0.9

NEW YORK TIMES CO reported financial results for second quarter of 2023.

Period: second quarter of 2023
Result: reported results

Exact text from the filing

On August 8, 2023, The New York Times Company (the “Company”) issued a press release announcing its financial results for the quarter ended June 30, 2023.

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NEW YORK TIMES CO filing history →

Source: SEC EDGAR

accession 0000071691-23-000020

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