Every material Form 8-K New York Times filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
The New York Times Company reported third-quarter 2024 results with total revenues up 7.0% year-over-year to $640.2 million and diluted earnings per share of $0.39, compared with $0.32 a year earlier. The company also issued fourth-quarter 2024 revenue and adjusted operating cost guidance, which shareholders can compare with future results.
Total revenues rose 7.0% to $640.2 million; digital-only subscription revenues rose 14.2% to $322.2 million.
Diluted EPS was $0.39 versus $0.32; adjusted diluted EPS was $0.45 versus $0.37.
Operating profit rose 20.7% to $76.7 million, including $4.6 million of Generative AI Litigation Costs.
Fourth-quarter 2024 guidance: digital-only subscription revenues up 14% to 17%; adjusted operating costs up 5% to 6%.
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%.
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 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.
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 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%.
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.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every New York Times filing is on SEC EDGAR ↗. 8-K briefs of other companies →