The New York Times Co.’s stock NYT, +0.43% was up 3.8% in premarket trading Wednesday after the media company’s third-quarter profit and revenue beat analyst estimates. The media company’s third-quarter net income rose by 46% to $53.61 million, or 32 cents a share, from $36.62 million, or 22 cents a share, in the year-ago quarter.
Adjusted third-quarter profit of 37 cents a share beat the FactSet consensus estimate of 29 cents a share. Revenue rose 9% to $598.4 million, ahead of the analyst estimate of $589.5 million. The publishing company ended the quarter with 10.08 million subscribers, including 9.4 million digital-only subscribers. The company added about 210,000 net digital-only subscribers from the previous quarter.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite: