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New York Times Co (NYT)

NYT on New York Consolidated

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18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

The New York Times Company says Q2 adjusted earnings per share $0.18
Thursday, 27 Jul 2017 08:30am EDT 

July 27 (Reuters) - New York Times Co :The New York Times Company reports 2017 second-quarter results.Q2 earnings per share $0.09 from continuing operations.Q2 earnings per share view $0.14 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.18 from continuing operations.Q2 adjusted earnings per share $0.18.Total advertising revenues in Q3 of 2017 are expected to decrease in mid- to high-single digits compared with Q3 of 2016..Qtrly subscription revenue $ ‍250.037​ million versus $219.5 million.Total revenues for Q2 of 2017 increased 9.2 percent to $407.1 million from $372.6 million in Q2 of 2016.Total subscription revenues in Q3 of 2017 are expected to increase at a rate similar to that of Q2 of 2017..Qtrly advertising revenue $ ‍132.234​ million versus $131.2 million.Paid digital-only subscriptions totaled approximately 2,333,000 at end of Q2 of 2017.Operating costs and adjusted operating costs are expected to increase in mid-single digits in Q3 of 2017 compared with Q3 of 2016..Dduring quarter, company added 93,000 net digital-only news subscriptions​.Q2 revenue view $393.9 million -- Thomson Reuters I/B/E/S.Expects capital expenditures on a pre-tax basis in 2017 : $85 million to $90 million.  Full Article

New York Times sets regular quarterly dividend of $0.04 per share
Thursday, 29 Jun 2017 04:56pm EDT 

June 29 (Reuters) - New York Times Co ::Sets regular quarterly dividend of $0.04 per share.  Full Article

The New York Times Company appoints Meredith Kopit Levien as COO
Wednesday, 7 Jun 2017 09:55am EDT 

June 7 (Reuters) - New York Times Co ::The New York Times Company names Meredith Kopit Levien Chief Operating Officer.Kinsey Wilson's position of executive vice president, product and technology is being eliminated in reorganization.Wilson has decided not to stay on in an alternative permanent role at New York Times.Product and design department, NYT beta department will report into operations group.  Full Article

NYT reports Q1 EPS from cont ops of $0.08
Wednesday, 3 May 2017 08:30am EDT 

May 3 (Reuters) - New York Times Co :The New York Times Company reports 2017 first-quarter results.Q1 earnings per share $0.08 from continuing operations.Q1 circulation revenue $ 242.375 million versus $218.0 million.Q1 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Q1 adjusted earnings per share $0.11 from continuing operations.Q1 adjusted earnings per share $0.11.Total revenues for q1 of 2017 increased 5.1 percent to $398.8 million from $379.5 million in q1 of 2016.Q1 advertising revenue $ 130.028 million versus $139.7 million.New york times co - qtrly circulation revenues increased 11.2 percent, while advertising revenues declined 6.9 percent.Total circulation revenues in Q2 of 2017 are expected to increase at a rate similar to that of Q1 of 2017.Total advertising revenues in Q2 of 2017 are expected to decrease in low- to mid-single digits.Operating costs and adjusted operating costs are expected to increase in mid-single digits in Q2 of 2017.Expects capital expenditures of $85 million to $90 million on a pre-tax basis in 2017.Paid digital-only subscriptions totaled 2.2 million at end of Q1 2017, net increase of 348,000 subscriptions compared to end of Q4 2016.Growth in no. of paid digital-only subscriptions to news products in Q2 of 2017 is expected to be slower than prior two quarters.  Full Article

New York Times announces expanded coverage of Australia
Monday, 1 May 2017 05:00pm EDT 

May 1 (Reuters) - New York Times Co ::New York Times Co says announces expanded coverage of Australia.New York Times Co says offers digital open access for 7 days to local readers in Australia.  Full Article

UPM, New York Times sell hydro power plants
Tuesday, 18 Apr 2017 01:31am EDT 

April 18 (Reuters) - UPM Oyj :says Madison Paper Industries, a partnership of Finland's UPM and Northern SC Paper Corp., a subsidiary of The New York Times Company, has signed an agreement on the sale of its hydro power facilities to Eagle Creek Renewable Energy, LLC.says transaction is still subject to third party approvals, the parties have agreed not to disclose the purchase price.  Full Article

The New York Times names Hanya Yanagihara editor of T Magazine
Tuesday, 4 Apr 2017 10:10am EDT 

New York Times Co :The New York Times names Hanya Yanagihara editor of T Magazine.  Full Article

New York Times Co - Chairman Arthur Sulzberger's 2016 total compensation was $5.1 mln
Tuesday, 7 Mar 2017 12:10pm EST 

New York Times Co : New York Times Co - chairman Arthur Sulzberger jr's 2016 total compensation was $5.1 million versus $5.9 million in 2015 - sec filing .New York Times Co - CEO Mark Thompson's FY 2016 total compensation $4.93 million versus $8.66 million in FY 2015.  Full Article

New York Times sets quarterly dividend of 4 cents/shr
Thursday, 16 Feb 2017 05:56pm EST 

New York Times Co :Sets regular quarterly dividend of $0.04 per share.  Full Article

New York Times Company reports nominations for board of directors
Thursday, 16 Feb 2017 05:53pm EST 

New York Times Co : The New York Times Company announces nominations for board of directors . New York Times - nominated hays golden to stand for election as a director at its 2017 annual meeting of stockholders . New York Times -all current directors will stand for re-election with exception of Ellen Marram and Carolyn Greenspon, who are both stepping down .New York Times Co - Golden works in commercial underwriting at American International Group.  Full Article

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New York Times rises to nine-year high as digital makeover takes center stage

The New York Times Co said on Thursday its digital subscription revenue overtook print advertising revenue for the first time — a key milestone in the 166-year old publisher's efforts to transform itself into a digital media powerhouse.