New York Times Q3 revenue beats estimates
Published Thu, Nov 5, 2020 · 12:46 PM
[NEW YORK] The New York Times beat Wall Street estimates for quarterly revenue on Thursday, as more people subscribed to its digital news products during the Covid-19 pandemic.
Total revenue fell 0.4 per cent to US$426.9 million in the third quarter, but came above analysts' estimates of US$411.8 million, according to IBES data from Refinitiv.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Starbucks points to weaker consumer as profit falls
Restaurant Brands tops estimates as Burger King overhaul pays off
Walmart to shut all health centers in US over lack of profitability
Coca-Cola raises annual sales forecast on global demand, higher prices
Dying salmon trouble Norway’s vast fish-farm industry
Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too