- The New York Times (NYT -3.6%) falls off after revenue for Q2 came in below estimates, $485.4M vs. $489.3M.
- Q2 EPS beat analyst projections by a penny, $0.14 vs. $0.13.
- Digital subscriptions were up 35% to 699K to help take some of the sting off of declining advertising.
The New York Times slumps following earnings
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| Symbol | Last Price | % Chg |
|---|---|---|
| NYT | - | - |
| The New York Times Company | ||