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Apr 16, 2024

Grand News Network / November 8, 2023

New York Times Saw Q3 Subscription Surge, Credits Success To Multi-Product Bundle

New York Times Co (NYSE: NYT) reported third-quarter FY23 sales growth of 9.3% year-on-year to $598.3 million, beating the consensus of $589.4 million.

The mass media company and newspaper publisher reported adjusted EPS of $0.37 (+54.2% Y/Y), beating the analyst consensus of $0.29.

The total number of subscribers grew by 8% to $10.08 million. ...

Full story available on Benzinga.com


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