NYT +6.03% Add to/Remove from WatchlistNew York Times Co (NYSE: NYT) announced its Q3 earnings results today, revealing an impressive growth in total subscribers exceeding 10 million, following an increase of roughly 210,000 net digital-only subscribers since Q2 of 2023. This growth in profits was driven by revenue growth and effective cost-management strategies. InvestingPro InsightsAdding to the impressive Q3 earnings results of the New York Times Co (NYSE: NYT), a glance at the InvestingPro Data further highlights the company's strong financial position. The New York Times Co holds more cash than debt on its balance sheet, indicating a healthy liquidity position. This includes the New York Times Co, which has 11 more InvestingPro Tips available, providing investors with an even more comprehensive view of the company's financial health and performance.

Source: The Times November 08, 2023 21:25 UTC