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Benzinga
Benzinga
Business
Vaishali Prayag

New York Times Stock Jumps 15% After Strong Q2 Earnings Beat

NYT The New York Times Company US Federal Reserve
New,York,,Ny,,Usa,-,July,5,,2022:,Front,View

Shares of The New York Times Company (NYSE:NYT) are trading higher Wednesday after the media company reported better-than-expected second-quarter earnings and revenue.

What To Know: The results were driven by growth across digital subscriptions, advertising, and licensing revenues, with improvements in profitability adding further investor confidence.

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