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Stock Market & Financial Investment News

News Breaks
April 19, 2012
11:29 EDTNYTNew York Times says April off to a slow start in pint ads
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May 4, 2015
09:03 EDTNYTBloomberg LP denies report of interest in New York Times, NY Post reports
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May 3, 2015
17:47 EDTNYTFacebook plans 'Instant Articles' service, offers increased ad revenue, WSJ says
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April 30, 2015
08:33 EDTNYTNew York Times sees FY15 CapEx $35M-$45M
Total circulation revenues in the second quarter of 2015 are expected to increase at a rate similar to that of the first quarter of 2015. Total advertising revenues in the second quarter of 2015 are expected to decrease in the mid-single digits compared with the second quarter of 2014. Operating costs and adjusted operating costs are each expected to decrease in the low-single digits in the second quarter of 2015 compared with the second quarter of 2014. The Company expects the following on a pre-tax basis in 2015: Results from joint ventures: breakeven, Depreciation and amortization: $60 million to $65 million, Interest expense, net: $40 million to $45 million, and Capital expenditures: $35 million to $45 million.
08:32 EDTNYTNew York Times reports Q1 adjusted EPS 11c, consensus 8c
Reports Q1 revenue $384.2M, consensus $384.3M. Circulation revenues rose as revenues from the Company’s digital subscription initiatives and January’s increase in home-delivery prices for The New York Times more than offset a decline in print copies sold. Circulation revenue from the Company’s digital-only subscription products was $46.1 million in the first quarter, an increase of 14.4 percent from the first quarter of 2014. Paid subscribers to the Company’s digital-only subscription products totaled approximately 957,000 as of the end of the first quarter of 2015, an increase of 20 percent compared to the end of the first quarter of 2014. First-quarter print advertising revenue decreased 11.1 percent while digital advertising revenue increased 10.7 percent. Digital advertising revenue was $42.3 million, or 28.2 percent of total Company advertising revenues, compared with $38.2 million, or 24.0 percent, in the 2014 first quarter.

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