The New York Times Company will hold its fourth quarter and full-year 2020 earnings conference call on Thursday, February 4 at 8am/ET. Expect the earnings announcement text early that morning.
What We’ll Be Looking For
- Update on subscriptions: In the Q3 2020 release, total digital-only subscriptions revenue exceeded print subscription revenue for the first time. Digital subscriptions increased by two million year over year in Q3.
- Pandemic impacts on advertising revenue: Q3 digital ad revenue decreased YOY by 12.6%. Print advertising revenue decreased by 46.5%. The company was projecting total ad revenues to decrease in Q4 by 30% compared to the year prior.
