NY Times (NYT) Q2 Earnings Top, Subscription Revenues Rise Y/Y
NYTNew York Times(NYT) ZACKS·2024-08-08 21:26

The New York Times Company (NYT) continued its decent performance in the second quarter of 2024. The company's adjusted earnings per share came in at 45 cents, which surpassed the Zacks Consensus Estimate of 40 cents. The figure marked an increase from the year-ago adjusted earnings of 38 cents a share. Total revenues of 625.1millioncameaheadoftheZacksConsensusEstimateof625.1 million came ahead of the Zacks Consensus Estimate of 623 million and increased 5.8% year over year. The company added approximately 300,000 net digital-only subscribers compared wi ...