The New York Times Co. (NYT) Tops Q1 EPS by 10c
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The New York Times Company Reports 2019 First-Quarter Results
May 8, 2019 8:30 AM EDTNEW YORK--(BUSINESS WIRE)-- The New York Times Company (NYSE: NYT) announced today first-quarter 2019 diluted earnings per share from continuing operations of $.18 compared with $.13 earnings per share in the same period of 2018. Adjusted diluted earnings per share from continuing operations (defined below) was $.20 in the first quarter of 2019 compared with $.17 in the first quarter of 2018.
Operating profit was $34.6 million in the first quarter of 2019, flat compared with $34.1 million in the same period of 2018 as higher digital-only subscription and other revenues were offset by higher operating costs. Adjusted operating profit (defined below) decreased to... More
