NYT Q3 2024: 11M total subscribers, 260k net adds, rev $640M, EPS $0.39

NEW YORK TIMES CO

2024-Q3 EPS reported $1.03 revenue$1,859,290,000

Added ~260k net digital-only subscribers in Q3, total subscribers 11.09M, digital-only subs 10.47M.
Digital subscription revenue $322.2M (+14.2% YoY); total digital-only ARPU $9.45 (+1.8% YoY).
Total revenue $640.2M (+7.0% YoY); operating profit $76.7M (+20.7% YoY); diluted EPS $0.39.
Adjusted operating profit $104.2M (+16.1% YoY); adjusted diluted EPS $0.45; AOP margin 16.3%.
Digital advertising revenue $81.6M (+8.8% YoY); The Athletic posted positive AOP of $2.6M.

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