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New York Times Co (NYT.N)

NYT.N on New York Stock Exchange

28.17USD
16 Aug 2019
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$0.22 (+0.79%)
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Latest Key Developments (Source: Significant Developments)

The New York Times Company Reports Q2 Adjusted Earnings Per Share $0.17
Wednesday, 7 Aug 2019 

Aug 7 (Reuters) - New York Times Co ::THE NEW YORK TIMES COMPANY REPORTS 2019 SECOND-QUARTER RESULTS.Q2 REVENUE $436.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF $438.7 MILLION.Q2 ADJUSTED EARNINGS PER SHARE $0.17 FROM CONTINUING OPERATIONS.Q2 ADJUSTED EARNINGS PER SHARE $0.17.Q2 EARNINGS PER SHARE ESTIMATE $0.15 -- REFINITIV IBES DATA.TOTAL REVENUES FOR Q2 OF 2019 INCREASED 5.2 PERCENT TO $436.3 MILLION FROM $414.6 MILLION IN Q2 OF 2018.TOTAL SUBSCRIPTION REVENUES IN Q3 OF 2019 ARE EXPECTED TO INCREASE IN LOW- TO MID-SINGLE DIGITS.QTRLY SUBSCRIPTION REVENUE $270.5 MILLION, UP 3.8%.TOTAL ADVERTISING REVENUES IN Q3 OF 2019 ARE EXPECTED TO DECLINE IN HIGH-SINGLE DIGITS.QTRLY ADVERTISING REVENUE $120.8 MILLION, UP 1.3%.DIGITAL ADVERTISING REVENUE EXPECTED TO DECREASE IN HIGH-SINGLE DIGITS IN Q3.EXPECT A MORE CHALLENGING SECOND HALF OF 2019 IN DIGITAL ADVERTISING REVENUE.OTHER REVENUES IN Q3 OF 2019 ARE EXPECTED TO INCREASE APPROXIMATELY 25 PERCENT TO 30 PERCENT.NEW YORK TIMES - EXPECTS 2019 CAPEX OF $50 MILLION TO $60 MILLION ON A PRE-TAX BASIS.PAID DIGITAL-ONLY SUBSCRIPTIONS TOTALED ABOUT 3,780,000 AT END OF Q2 OF 2019, UP 197,000 SUBSCRIPTIONS VERSUS END OF Q1 OF 2019.IN Q2, ADDED 197,000 NET NEW DIGITAL-ONLY SUBSCRIPTIONS, 131,000 OF WHICH CAME FROM OUR CORE NEWS PRODUCT.TODAY, THE TIMES HAS 4.7 MILLION TOTAL SUBSCRIPTIONS.SECOND-QUARTER DIGITAL ADVERTISING REVENUE INCREASED 13.7 PERCENT, WHILE PRINT ADVERTISING REVENUE DECREASED 8.0 PERCENT.  Full Article

The New York Times Reports Q1 Adjusted Earnings Per Share Of $0.20 From Continuing Operations
Wednesday, 8 May 2019 

May 8 (Reuters) - New York Times Co ::THE NEW YORK TIMES COMPANY REPORTS 2019 FIRST-QUARTER RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.20 FROM CONTINUING OPERATIONS.Q1 ADJUSTED EARNINGS PER SHARE $0.20.Q1 EARNINGS PER SHARE ESTIMATE $0.10 -- REFINITIV IBES DATA.TOTAL REVENUES FOR Q1 OF 2019 INCREASED 6.1 PERCENT TO $439.1 MILLION FROM $413.9 MILLION IN Q1 OF 2018.TOTAL SUBSCRIPTION REVENUES IN Q2 OF 2019 ARE EXPECTED TO INCREASE IN LOW- TO MID-SINGLE DIGITS COMPARED WITH Q2 OF 2018.TOTAL ADVERTISING REVENUES IN Q2 OF 2019 ARE EXPECTED TO BE APPROXIMATELY FLAT COMPARED WITH Q2 OF 2018.OTHER REVENUES IN Q2 OF 2019 ARE EXPECTED TO INCREASE APPROXIMATELY 35 PERCENT COMPARED WITH Q2 OF 2018.QTRLY SUBSCRIPTION REVENUE $270.8 MILLION VERSUS $260.6 MILLION.NEW YORK TIMES - OPERATING COSTS AND ADJUSTED OPERATING COSTS ARE EXPECTED TO INCREASE ABOUT 8% TO 10% IN Q2 OF 2019 COMPARED WITH Q2 OF 2018.QTRLY ADVERTISING REVENUE $125.1 MILLION VD $125.6 MILLION.Q1 REVENUE VIEW $435.8 MILLION -- REFINITIV IBES DATA.PAID DIGITAL-ONLY SUBSCRIPTIONS TOTALED ABOUT 3,583,000 AT END OF Q1 2019, A 28.7% INCREASE COMPARED WITH END OF Q1 OF 2018.SEES CAPITAL EXPENDITURES OF $50 MILLION TO $60 MILLION ON PRE-TAX BASIS IN 2019.Q1 EARNINGS PER SHARE $0.18 FROM CONTINUING OPERATIONS.  Full Article

New York Times Reports Q4 Adj EPS Of $0.32
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - New York Times Co ::THE NEW YORK TIMES COMPANY REPORTS 2018 FOURTH-QUARTER AND FULL-YEAR RESULTS AND ANNOUNCES DIVIDEND INCREASE.Q4 ADJUSTED EARNINGS PER SHARE $0.32 FROM CONTINUING OPERATIONS.Q4 ADJUSTED EARNINGS PER SHARE $0.32.Q4 EARNINGS PER SHARE ESTIMATE $0.28 -- REFINITIV IBES DATA.TOTAL SUBSCRIPTION REVENUES IN Q1 OF 2019 ARE EXPECTED TO INCREASE IN LOW TO MID-SINGLE DIGITS COMPARED WITH Q1 OF 2018.TOTAL REVENUES FOR Q4 OF 2018 INCREASED 3.8 PERCENT TO $502.7 MILLION.DIGITAL-ONLY SUBSCRIPTION REVENUE EXPECTED TO INCREASE IN MID-TEENS IN Q1 OF 2019.QTRLY SUBSCRIPTION REVENUE $263.6 MILLION VERSUS $269.4 MILLION.TOTAL ADVERTISING REVENUES IN Q1 OF 2019 ARE EXPECTED TO DECREASE IN LOW TO MID-SINGLE DIGITS COMPARED WITH Q1 OF 2018.DIGITAL ADVERTISING REVENUE EXPECTED TO INCREASE IN MID-TEENS IN Q1 OF 2019.NEW YORK TIMES - PAID DIGITAL-ONLY SUBSCRIPTIONS TOTALED APPROXIMATELY 3,360,000 AT END OF Q4 2018, NET INCREASE OF 265,000 SUBSCRIPTIONS VERSUS END OF Q3.QTRLY ADVERTISING REVENUE $191.7 MILLION VERSUS $182.6 MILLION.ON A PRE-TAX BASIS IN 2019 COMPANY EXPECTS CAPITAL EXPENDITURES BETWEEN $45 MILLION TO $55 MILLION.OTHER REVENUES IN Q1 OF 2019 ARE EXPECTED TO INCREASE ABOUT 50 PERCENT COMPARED WITH Q1 OF 2018.IN Q4, HAD $1.4 MILLION CHARGE IN CONNECTION WITH REDESIGN & CONSOLIDATION OF SPACE IN HEADQUARTERS BUILDING.Q4 EARNINGS PER SHARE $0.33 FROM CONTINUING OPERATIONS.BOARD OF DIRECTORS HAS APPROVED A DIVIDEND INCREASE OF $0.01 PER SHARE TO $0.05 PER SHARE.  Full Article

New York Times Sets Regular Quarterly Dividend Of $0.04 Per Share
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - New York Times Co ::SETS REGULAR QUARTERLY DIVIDEND OF $0.04PER SHARE.  Full Article

Soros Fund Management Takes Stake In Alibaba Group, Coty, P&G
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Soros Fund Management LLC::SOROS FUND MANAGEMENT LLC TAKES SHARE STAKE OF 91,200 SPONSORED ADS IN ALIBABA GROUP HOLDING LTD.SOROS FUND MANAGEMENT LLC UPS SHARE STAKE IN MICROSOFT TO 482,500 SHARES FROM 53,500 SHARES.SOROS FUND MANAGEMENT LLC REPORTS SHARE STAKE OF 400,000 SHARES IN SVMK INC - SEC FILING.SOROS FUND MANAGEMENT LLC TAKES STAKE OF 100,000 SHARES IN P&G.SOROS FUND MANAGEMENT LLC UPS SHARE STAKE IN QUALCOMM INC BY 91.7 PERCENT TO 134,400 SHARES.SOROS FUND MANAGEMENT LLC CUTS SHARE STAKE IN CITIGROUP INC BY 59.9 PERCENT TO 232,060 SHARES.SOROS FUND MANAGEMENT LLC CUTS SHARE STAKE IN TRAVELERS COMPANIES INC BY 50.9 PERCENT TO 48,925 SHARES.SOROS FUND MANAGEMENT LLC TAKES SHARE STAKE OF 850,000 SHARES IN COTY INC.SOROS FUND MANAGEMENT LLC DISSOLVES SHARE STAKE IN NEW YORK TIMES CO.SOROS FUND MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2018.  Full Article

New York Times Sets Regular Quarterly Dividend Of $0.04 Per Share
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - New York Times Co ::THE NEW YORK TIMES COMPANY DECLARES REGULAR QUARTERLY DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.04 PER SHARE.  Full Article

New York Times Co Appoints Roland Caputo As Interim CFO
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - New York Times Co ::NEW YORK TIMES CO - ON FEBRUARY 14, APPOINTED ROLAND CAPUTO, TO SERVE AS INTERIM CHIEF FINANCIAL OFFICER‍​.NEW YORK TIMES CO SAYS RETIREMENT OF JAMES FOLLO, COMPANY’S CURRENT CFO, ON FEBRUARY 28, 2018 - SEC FILING.  Full Article

New York Times Sets Regular Quarterly Dividend Of $0.04 Per Share
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - New York Times Co ::SETS REGULAR QUARTERLY DIVIDEND OF $0.04 PER SHARE ON CO'S CLASS A AND CLASS B COMMON STOCK.  Full Article

New York Times says Publisher Arthur Sulzberger Jr. Will Retire On Dec 31
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - New York Times Co ::NEW YORK TIMES CO - ARTHUR O. SULZBERGER, JR. WILL RETIRE AS PUBLISHER ON DECEMBER 31, 2017​.NEW YORK TIMES CO - DEPUTY PUBLISHER A.G. SULZBERGER WILL BECOME PUBLISHER OF NEW YORK TIMES ON JANUARY 1, 2018.NEW YORK TIMES CO - ARTHUR O. SULZBERGER, JR. WILL CONTINUE TO SERVE AS CHAIRMAN OF COMPANY'S BOARD OF DIRECTORS.  Full Article

New York Times Co reports Q3 earnings per share of $0.20 from continuing operations
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - New York Times Co :The New York Times Company reports 2017 third-quarter results.Q3 earnings per share $0.20 from continuing operations.Q3 earnings per share view $0.08 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.13 from continuing operations.Q3 adjusted earnings per share $0.13.New York Times co qtrly total revenue $‍385.6 million, up 6.1 percent.New York Times - Q3 results included $30.1 million gain from joint ventures related to sale of remaining assets of Madison Paper Industries.New York Times Co- total subscription revenues in Q4 of 2017 are expected to increase in high-teens compared to Q4 of 2016​.New York Times Co- ‍total advertising revenues in Q4 of 2017 are expected to decrease in high single-digits compared with Q4 of 2016​.New York Times - ‍paid digital-only subscriptions totaled about 2.49 million at Q3-end, net increase of 154,000 subscriptions versus Q2​-end.New York Times Co - qtrly subscription revenue $246.6 million versus $217.1 million ‍​.New York Times Co - qtrly advertising revenue $113.6 million versus $124.9 mln‍​.New York Times Co - sees ‍2017 capital expenditures on a pre-tax basis $90 million to $95 million​.New York Times - ‍excluding impact of additional week, total subscription revenue in Q4 expected to increase about 10 percent compared to Q4 of 2016​.New York Times - ‍excluding impact of additional week, total advertising revenue in Q4 expected to decrease in low double-digits compared with Q4 of 2016​.  Full Article

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New York Times forecasts weakness in digital ads, shares down 12%

The New York Times Co fell short of Wall Street estimates for revenue on Wednesday and warned of declines in digital advertising for the rest of the year, sending its shares down 12%.