New York Times Tops Q4 Consensus; Raises Dividend, Plans Share Buyback
New York Times Co (NYSE:NYT) reported fourth-quarter FY21 sales growth of 16.7% year-on-year, to $594.2 million, beating the consensus of $578.9 million. Subscription revenues increased 11.2% Y/Y to $351.2 million, and advertising revenues increased 26.9% Y/Y to $176.8 million. Compared with the Q4 of 2019, total revenues increased 16.9%, as subscription revenues increased…
Benzinga ·