纽约时报Q4业绩超预期，数字广告收入增长24.9%

Core Insights - The New York Times reported a 10.4% year-over-year revenue growth in Q4, reaching $802 million, surpassing analyst expectations of $786 million [1] - Adjusted earnings per share were $0.89, exceeding the analyst forecast of $0.86 [1] Revenue Breakdown - Digital subscription revenue grew by 13.9% to $382 million, driven by strong demand [1] - Digital advertising revenue increased by 24.9% to $147 million, attributed to robust marketer demand and new advertising supply [1] User Growth - Approximately 450,000 new digital-only subscribers were added in the quarter, bringing the total subscriber base to 12.78 million [1] Future Outlook - For the first quarter of this year, the company expects digital subscription revenue to grow by 14-17% and digital advertising revenue to achieve low double-digit growth [1]