NY Times (NYT) Q4 Earnings Beat, Subscribers Increase Y/Y

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 ...