The New York Times Earnings: Q4 CY2024 in Line with Expectations

Key Results:

* Revenue: $726.6 million, meeting analysts' estimates
* Adjusted EPS: $0.80, exceeding consensus by 6.3%
* Adjusted EBITDA: $167.7 million, slightly below estimates
* Subscribers: 10.82 million, missing expectations
* Revenue growth: 7.5% year-over-year, aligned with analyst forecasts

Company Overview:

Founded in 1851, The New York Times (NYSE: NYT) is a prominent media organization with a renowned newspaper and extensive digital platforms.

Sales Growth:

* Annualized revenue growth of 7.4% over the past five years
* Recent annualized revenue growth of 5.8% over two years
* Subscriber count has grown 8.1% year-over-year in the past two years

Cash Flow:

* Free cash flow margin averaged 14.4% over the past two years
* Q4 free cash flow margin of 19.8%, in line with the previous year

Analyst Projections:

* Sell-side analysts anticipate 6.6% revenue growth over the next 12 months

Key Insights:

* The New York Times' EPS beat estimates, while subscriber growth missed expectations.
* The company's cash profitability remains strong.
* Analyst projections suggest modest revenue growth in the near future.