The New York Times Co. (NYT) on Wednesday said it expects total subscription revenues to increase 9% to 11% in the first quarter, while advertising revenues are projected to rise by low-double digits and affiliate, licensing and other revenues by high-single digits.
For the fourth quarter, the company reported net income of $129.83 million, or $0.79 per share, compared with $123.72 million, or $0.75 per share, a year earlier. Excluding items, adjusted earnings were $0.89 per share.
Revenue for the quarter increased 10.4% to $802.31 million from $726.62 million last year.
The company added approximately 450,000 digital-only net new subscribers during the quarter, bringing total subscribers to 12.78 million.
Total subscription revenues grew 9.4% year-on-year, advertising revenues rose 16.1%, and affiliate, licensing and other revenues increased 5.5%.
The shares are trading down more than 5% in pre-market today after closing at $72.21 on Tuesday.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.