NYT Q3 revenue up 9.3% to $598.3M, adds 210k digital subs, EPS $0.32 vs $0.22

NEW YORK TIMES CO

2023-Q3 EPS reported $0.74 revenue$1,749,937,000

Total digital-only subscribers exceeded 10M, up 820k YoY; digital-only ARPU rose 4.6% to $9.28.
Digital-only subscription revenue grew 15.7% to $282.2M; total subscription revenue up 9.4% to $418.6M.
Advertising revenue increased 6.0% to $117.1M, driven by digital advertising up 6.7%.
Operating profit rose 24.6% to $63.6M; adjusted operating profit up 30.1% to $89.8M.
Q4 guidance: digital-only subscription rev +13-16% (adjusted basis); adjusted op cost flat to +2%.

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 the quarter ended September 30, 2023.

Period: the quarter ended September 30, 2023
Result: reported results

Exact text from the filing

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

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Source: SEC EDGAR

accession 0000071691-23-000032

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