secwatch.observer — SEC 8-K summary
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Issuer:     NEW YORK TIMES CO (NYT)
CIK:        0000071691
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0000071691-23-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71691/000007169123000032/0000071691-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71691/000007169123000032/nyt-20231108.htm
  HTML page:      https://secwatch.observer/filing/0000071691-23-000032

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