The New York Times Company reported a 5.8% revenue increase and higher-than-expected EPS in Q2.

The New York Times Company (NYSE:NYT) reported a 5.8% increase in revenue for the second quarter, with earnings per share rising to $0.45, surpassing analysts' expectations by $0.04. Institutional investors such as Vanguard Group Inc., Farallon Capital Management LLC, and Franklin Resources Inc. made changes to their holdings in the company. The company has a market capitalization of $8.98 billion, a P/E ratio of 36.45, and a beta of 1.06.

August 21, 2024
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