New York Times Q4 EPS rises to $0.66 from $0.43; revenue up 1.3% to $676.2 million
The New York Times Company reported fourth-quarter 2023 total revenues of $676.2 million, up 1.3% from a year earlier, and diluted EPS of $0.66 versus $0.43. Operating profit rose 38.7% to $129.0 million, and the board raised the quarterly dividend by $.02 to $.13 per share, payable April 18, 2024. The company also guided to first-quarter 2024 digital-only subscription revenue growth of 11% to 14% and adjusted operating cost growth of 5% to 7%.
Key points
- Q4 2023 operating profit was $129.0 million, up 38.7%; adjusted operating profit was $154.0 million, up 8.5%.
- Full-year 2023 diluted EPS was $1.40 versus $1.04 in 2022; free cash flow was $337.9 million versus $113.7 million.
- The company added approximately 300,000 net digital-only subscribers in Q4, ending with 9.70 million.
- Quarterly dividend declared at $.13 per share, up from $.11, payable April 18, 2024 to holders of record on April 2, 2024.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.