The New York Times Co. (NYT) Tops Q1 EPS by 7c
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The New York Times Company Reports 2020 First-Quarter Results
May 6, 2020 7:00 AM EDTNEW YORK--(BUSINESS WIRE)-- The New York Times Company (NYSE: NYT) announced today first-quarter 2020 diluted earnings per share from continuing operations of $.20 compared with $.18 in the same period of 2019. Adjusted diluted earnings per share from continuing operations (defined below) was $.17 in the first quarter of 2020 compared with $.20 in the first quarter of 2019.
Operating profit decreased to $27.3 million in the first quarter of 2020 from $34.6 million in the same period of 2019 and adjusted operating profit (defined below) decreased to $44.3 million from $52.4 million in the prior year, as higher digital-only subscription and other revenues were... More
