secwatch.observer — SEC 8-K summary
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Issuer:     NEW YORK TIMES CO (NYT)
CIK:        0000071691
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000071691-24-000130
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYT Q2 2024: Digital subscriptions add 300k, revenue up 5.8%, EPS $0.40
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- Net added 300k digital-only subscribers in Q2, reaching 10.21M total digital subscribers.
- Digital-only subscription revenue up 12.9% YoY to $304.5M; ARPU rose 2.1% to $9.34.
- Total revenue $625.1M, +5.8% YoY; operating profit $79.4M (+42.4% YoY).
- Diluted EPS $0.40 vs $0.28 YoY; adjusted diluted EPS $0.45 vs $0.38.
- Digital ad revenue up 7.8% YoY to $79.6M, driven by display at The Athletic and NYTG.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71691/000007169124000130/0000071691-24-000130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71691/000007169124000130/nyt-20240807.htm
  HTML page:      https://secwatch.observer/filing/0000071691-24-000130

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