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AI brief of an SEC Form 8-K · New York Times (NYT)

New York Times Q1 revenue rises 5.9% to $594.0 million; EPS $0.24 vs $0.13

Positive Impact 3 of 5 earnings Written later

The New York Times Company reported first-quarter 2024 results, with total revenues up 5.9% year-over-year to $594.0 million and operating profit up 73.2% to $48.3 million. Diluted earnings per share were $0.24, compared with $0.13 a year earlier, and the company gave second-quarter revenue and adjusted operating cost guidance.

Key points

  • Total revenues rose 5.9% to $594.0 million from $560.7 million; digital-only subscription revenues rose 13.2% to $293.0 million.
  • Net income was $40.4 million versus $22.3 million, and diluted EPS was $0.24 versus $0.13.
  • Digital-only subscribers reached 9.91 million, a net increase of 210,000 in the quarter.
  • Second-quarter guidance: digital-only subscription revenues up 11% to 14%, and adjusted operating costs up 4% to 5%.

The filing

CompanyNew York Times (NYT)
Form8-K, current report
Filed with the SECMay 8, 2024, 7:00 AM ET
Accession number0000071691-24-000103

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 May 08, 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.