UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | --- | --- | --- | |-----------------------------------------|-------------------------------------------------------------------------------------------------------------------------------|----------------- ...

NEW YORK--(BUSINESS WIRE)--The New York Times Company announced today that its Board of Directors has nominated Margot Golden Tishler to stand for election as a director at its 2024 annual meeting of stockholders on April 24. All current directors are expected to stand for re-election with the exception of Hays N. Golden, a director since 2017, who is stepping down. "I am delighted to have Margot nominated to serve on our Board," said A.G. Sulzberger, chairman of The New York Times Company. "As a fifth-g ...

Company Performance - The New York Times Company concluded Q4 2023 with approximately 10 36 million subscribers including 9 7 million digital-only subscribers and 4 22 million bundle and multiproduct subscribers [2] - Digital-only subscribers increased by 880 000 compared to Q4 2022 [2] - Subscription revenues grew 3 9% year over year to $430 4 million with digital-only subscription revenues increasing 7 2% to $288 7 million [2] - Digital-only ARPU rose to $9 24 in Q4 2023 from $8 93 in the year-ago period [3] - Management anticipates Q1 2024 total subscription revenues to increase 7-9% and digital-only subscription revenues to rise 11-14% [3] Strategic Initiatives - The company has diversified revenue streams optimized expenses and streamlined operations [1] - Strategic acquisitions such as Wirecutter and The Athletic have expanded the company's reach and engaged wider audiences [1] - Focus on bundled subscriptions reflects a smart response to changing reader preferences [1] Industry Trends - Rapid digitization in advertising and reader preferences shifting toward online sources have led newspaper companies to reallocate resources to online publications [4] - The New York Times Company foresees a low-to-high-single-digit jump in digital advertising revenues for Q1 2024 [4] Stock Performance - Shares of The New York Times Company advanced 11 5% in the past year compared to the industry's growth of 9 9% [5] Other Stocks - CrowdStrike Holdings sports a Zacks Rank 1 with a trailing four-quarter earnings surprise of 16 6% on average and expected current financial-year sales and EPS growth of 36 1% and 90 9% respectively [6] - Meta Platforms sports a Zacks Rank 1 with a trailing four-quarter earnings surprise of 19 7% on average and expected current financial-year revenues and EPS growth of 17 4% and 31 9% respectively [6] - StoneCo sports a Zacks Rank 1 with a trailing four-quarter earnings surprise of 16% on average and expected current financial-year revenues and EPS growth of 9 5% and 166 7% respectively [7]

Voting signs are seen outside city hall for New York's 3rd Congressional District special election in Glen Cove, N.Y., on Sunday, February 4, 2024.New Yorkers are casting ballots Tuesday to pick their successor to Republican ex-Rep. George Santos, who was expelled from Congress last year under a cloud of scandals and criminal charges.Democrat Tom Suozzi, who previously represented New York's 3rd Congressional District, is facing off against Republican Mazi Pilip, in a special election to fill the seat left ...

Shares of The New York Times (NYT 1.05%) slipped by as much as 10% this week, according to data from S&P Global Market Intelligence. The largest newspaper company in the United States posted strong subscriber and earnings growth in the fourth quarter of 2023. It is also raising its dividend per share. However, these results were below investor expectations, which led the stock to fall in the days following the report.Let's take a look at why The New York Times stock is falling and whether it is a buy-the-di ...

The New York Times Company (NYT) continued with its decent performance in the fourth quarter of 2023. The company's adjusted earnings per share came in at 70 cents, surpassing the Zacks Consensus Estimate of 60 cents. This marked a substantial 18.6% increase from the year-ago reported number. Total revenues reached $676.2 million, missing the Zacks Consensus Estimate of $681 million. However, the metric increased 1.3% year over year.The New York Times Company added approximately 300,000 net digital-only sub ...

The New York Times Company (NYSE:NYT) Q4 2023 Results Conference Call February 7, 2024 8:30 AM ET Company Participants Anthony DiClemente - Senior Vice President of Investor Relations Meredith Kopit Levien - President and Chief Executive Officer Will Bardeen - Executive Vice President and Chief Financial Officer Conference Call Participants Thomas Yeh - Morgan Stanley David Karnovsky - JPMorgan Chase & Co. Ashton Welles - Evercore ISI Doug Arthur - Huber Research Partners Vasily Karasyov - Cannonball Resear ...

For the quarter ended December 2023, New York Times Co. (NYT) reported revenue of $676.22 million, up 1.3% over the same period last year. EPS came in at $0.70, compared to $0.59 in the year-ago quarter.The reported revenue represents a surprise of -0.68% over the Zacks Consensus Estimate of $680.88 million. With the consensus EPS estimate being $0.60, the EPS surprise was +16.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

New York Times Co.’s stock NYT, +1.80% fell 3% early Wednesday, after the newspaper group beat profit estimates for the fourth quarter but revenue fell slightly short. The company had net income of $109.9 million, or 66 cents a share, up from $70.8 million, or 43 cents a share, in the year-earlier period. Adjusted per-share earnings came to 70 cents, ahead of the 61 cent FactSet consensus. Revenue rose to $676.2 million from $667.5 million a year ago but was just below the FactSet consensus of $680.0 milli ...

NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) announced today that its fourth-quarter and full-year 2023 financial results are available on The New York Times Company’s investor relations website at investors.nytco.com. As previously announced, The New York Times Company will host its earnings conference call today at 8:30 a.m. E.T. to discuss these results. A live webcast of the earnings conference call will be available at investors.nytco.com. Participants can pre-register for the tel ...