New York Times' Q2 Adjusted Earnings, Revenue Rise-July 2024-www.financetom.com

New York Times' Q2 Adjusted Earnings, Revenue Rise

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New York Times' Q2 Adjusted Earnings, Revenue Rise

Aug 7, 2024 5:21 AM

07:52 AM EDT, 08/07/2024 (MT Newswires) -- New York Times ( NYT ) reported Q2 adjusted earnings Wednesday of $0.45 per diluted share, up from $0.38 a year earlier.

Analysts polled by Capital IQ expected $0.41.

Revenue for the quarter ended June 30 was $625.1 million, up from $590.9 million a year earlier.

Analysts surveyed by Capital IQ expected $625.2 million.

New York Times ( NYT ) stock was up 1.7% in recent Wednesday premarket activity.

Price: 53.00, Change: +0.87, Percent Change: +1.67

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