November 4, 2024 at 1:03 p.m.
The New York Times Company reported earnings for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported revenue of $640.18 million, up from $598.35 million. a year ago. Net profit amounted to USD 64.14 million, compared to USD 53.62 million the previous year. Basic earnings per share from continuing operations were $0.39, compared to $0.33 the prior year. Diluted earnings per share from continuing operations was $0.39 compared to $0.32 a year ago.
For the nine months, revenue was USD 1,859.29 million, compared to USD 1,749.94 million a year earlier. Net profit was 170.1 million USD, compared to 122.51 million USD a year ago. Basic earnings per share from continuing operations were $1.03, compared to $0.74 a year earlier. Diluted earnings per share from continuing operations amounted to $1.03 compared to $0.74 a year ago.
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