secwatch.observer — SEC 8-K summary
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Issuer:     NEW YORK TIMES CO (NYT)
CIK:        0000071691
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000071691-24-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYT Q1 2024 beats: revenue $594M, digital subs +210k, adj. EPS $0.31
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- Revenue $594M (+5.9% YoY); operating profit $48.3M (+73.2% YoY).
- Digital-only subscribers reached 9.91M, net addition of 210k in Q1.
- Digital subscription revenues $293M (+13.2% YoY); ARPU $9.21 (+1.9% YoY).
- Diluted EPS $0.24 (vs $0.13 YoY); adjusted diluted EPS $0.31 (vs $0.19 YoY).
- Digital advertising revenue $63M (+2.9% YoY); total operating costs up 2.4% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71691/000007169124000103/0000071691-24-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71691/000007169124000103/nyt-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000071691-24-000103

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