New York Times (NYT.US) shares gain nearly 14% following the publication of better-than-expected fourth quarter results. The company reported better-than-expected sales and earnings, as a result of an increase in digital subscriptions.
Selected company results:
- EPS: 59 cents per share versus 43 cents expected
- Revenue: $668 million vs. $646.7 million expected
- Subscription revenue: $414.1 million versus $408.5 million expected
The company forecasts that the second part of 2023 will see cost reductions and improved margins. The first quarter of 2023 may see a decline in advertising revenue and an increase in operating costs.
For more details, please see the attached screenshot from Bloomberg Terminal.

Source: Bloomberg
Source: xStation 5
Daily Summary: Nasdaq at 1-week low, gold and silver erase gains (18.08.2026)
Apple bucks deepening Nasdaq selloff! Perfect anti-AI hedge?
Market Wrap: EU chip stocks surge on Anthropic's earnings! AstraZeneca halts trials for lung cancer therapy (17.08.2026)
Market Wrap: European software stocks keep indices near record highs. Dollar gives up this week's gains (14.08.2026)