Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
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.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Mets Hire Former Yankees Bench Coach as Next ManagerThe New York Mets are hiring the New York Yankees bench coach as their next manager.
Weiterlesen »
Appeals court mulls reviving Sarah Palin’s suit against New York Times — againA lawyer for Palin used an oral argument Monday to attack a longstanding First Amendment case that provides robust protection to media outlets.
Weiterlesen »
New York, New Jersey vigils call for release of Israeli hostagesThere was a sense of grief, sadness and anger in the air in Plainview. In Montclair, New Jersey – the organization, Bring Them Home, decorated a large table, set for dinner, with no guests attending the metaphorical dinner party.
Weiterlesen »
Everything to know about Election Day in New York, New Jersey and ConnecticutElection Day is Tuesday -- here's what you need to know about voting and the major races at stake.
Weiterlesen »
Fire of Love Producers Open New Studio Space New York CityThe Flatiron offices include a 22-seat ATMOS theater.
Weiterlesen »
New legislation would increase list of hate crime-eligible charges in New YorkThe measure would up the list of hate crime-eligible charges from 66 to 97.
Weiterlesen »