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CORRECTION: New York Times Expects 1Q24 Adjusted Basis Digital-only Subscription Revenue Growth 11% - 14%, Total Subscription Revenues Growth 7% - 9%

Author: Benzinga Newsdesk | February 07, 2024 08:18am

Outlook
Below is the Company’s guidance for revenues and adjusted operating costs for the first quarter of 2024
compared with the first quarter of 2023.
The New York Times Company
Digital-only subscription revenues<p>Outlook<br />
Below is the Company&rsquo;s guidance for revenues and adjusted operating costs for the first quarter of 2024<br />
compared with the first quarter of 2023.<br />
The New York Times Company<br />
Digital-only subscription revenues increase 11 - 14%<br />
Total subscription revenues increase 7 - 9%<br />
Digital advertising revenues increase low-to-high-single-digits<br />
Total advertising revenues decrease mid-single-digits<br />
Other revenue increase mid-single-digits<br />
Adjusted operating costs increase 5 - 7%</p>

Posted In: NYT

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