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

New York Times Q2 profit rises 42.4% as revenue grows 5.8% to $625.1 million

Positive Impact 3 of 5 earnings Written later

The New York Times Company reported second-quarter 2024 revenue of $625.1 million, up 5.8%, with operating profit up 42.4% to $79.4 million and diluted earnings per share of $0.40, versus $0.28 a year earlier. Digital-only subscribers rose by 300,000 in the quarter to 10.21 million, and the company guided to third-quarter digital-only subscription revenue growth of 12% to 15%, alongside adjusted operating cost growth of 5% to 6%.

Key points

  • Total revenues were $625.1 million, up 5.8% from $590.9 million in Q2 2023
  • Operating profit was $79.4 million, versus $55.8 million; diluted EPS was $0.40, versus $0.28
  • Digital-only subscribers reached 10.21 million, a net addition of 300,000 during the quarter
  • Q3 2024 guidance: digital-only subscription revenues up 12% to 15%; adjusted operating costs up 5% to 6%

The filing

CompanyNew York Times (NYT)
Form8-K, current report
Filed with the SECAug 7, 2024, 7:00 AM ET
Accession number0000071691-24-000130

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 August 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.