The New York Times Company Reports 2019 Third-Quarter Results

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The New York Times Co. (NYT) Tops Q3 EPS by 2c

November 6, 2019 7:14 AM EST

The New York Times Co. (NYSE: NYT) reported Q3 EPS of $0.12, $0.02 better than the analyst estimate of $0.10. Revenue for the quarter came in at $428.5 million versus the consensus estimate of $429.14 million.

Mark Thompson, president and chief executive officer, The New York Times Company, said, Q3 2019 was our best ever third quarter for new digital news subscriptions, the fourth best quarter in the history of our pay model and a very encouraging quarter for the company as a whole. We now have more than three million subscriptions to our digital news product, more than four million... More