I mean I'll give you a broad answer, which is to say we see a really big opportunity. And it's expanding because The Daily keeps expanding, the audience keeps growing, and it's a media product. So on the first question, let me -- I think you're essentially -- the shortest answer I can give you, we don't give forward-looking guidance, but I've already suggested that when there's a peak moment in net adds, we settle in at a higher place than where -- we come off, but we settle in at a higher place than before. How Have the Numbers Shaped Up for New York Times? Real time prices by BATS. Cost of revenue also decreased approximately 4% as lower print production and distribution costs and advertiser servicing costs more than offset higher digital content delivery and journalism costs. It's also worth saying, and Roland said this in his prepared remarks, we are getting more confident with each passing quarter about our ability to step people up effectively. The reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.17. The New York Times Company (NYT - Free Report) reported fifth straight quarter of earnings beat in third-quarter 2020. So that tends to bring in a younger audience of people who now have an affinity for The New York Times. And I'll just -- like the sort of coronavirus story at its peak which was mostly in the end of the first quarter and then throughout the second quarter, I would consider that an outlier even to a news cycle that we think will continue to be strong. Learn to Be a Better Investor. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Other revenues declined approximately 2% compared with the prior year to $47 million, primarily as a result of fewer television episodes as well as lower revenues from commercial printing and live events. Get prepared with the key expectations. So all of those things give us real confidence in the model going forward. Subscription revenues improved 12.6% to $301 million primarily due to increase in the number of subscriptions to the company’s digital-only products, which include news product, and Cooking, Games (previously Crossword) and audio products. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The New York Times Company (NYT) : Free Stock Analysis Report. Meredith, you talked about in your prepared remarks the greater resilience of your subscriber base to slower news cycles. The company’s stock... Teradata Corporation (NYSE:TDC) went up by 3.21% from its latest closing price compared to the recent 1-year high of $31.42. Let me start by thanking our shareholders and the investor community for their confidence as we continue to evolve from a legacy print newspaper business into a growing subscription-first digital enterprise. Yesterday, our coverage brought 120 million readers to The Times and more than 75 million came the day before. As we said in the past, the dollar per week subscriptions continue to retain at nearly the identical rates as our historical 50% off promotion now more than 25 months after introduction. The New York Times Company (NYT - Free Report) reported fifth straight quarter of earnings beat in third-quarter 2020. So you should assume we'll keep investing. New York Times Co. (NYT) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2020. Evercore ISI gave a rating of “In-line” to NYT, setting the target price at $32 in the report published on April 23rd of the current year. And secondly, on the cost front, one of the big tailwinds this year has been the reduced marketing spend. And we're -- we've got a number of reasons for that. The next question is from Craig Huber of Huber Research Partners. And I don't think it will repeat exactly as it did this year. But what I can say is the core part of the business, the core digital subscription business, we're seeing good leverage there. Thank you. We're thinking very hard about the best way to seize that opportunity. Are you seeing a little bit of light at the end of the tunnel there in terms of going into 2021? For New York Times, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. There are nearly one billion people around the world to read news digitally and more than 80 million who pay for news today. And as the supply of advertising first alternative continues to face pressure. And so, as we do that, our algorithms are getting better on how to step up. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64. Our user data tells us that each additional topic that someone engages with increases their likelihood of subscribing by 50%, and while politics is an important topic for our readers, around 80% go beyond politics to read other subjects each week. It has been keeping pace with the changing times by utilizing technological advancements to reach their target audience more effectively. The simple moving average for the period of the last 20 days is -8.07% for NYT stocks with a simple moving average of 2.80% for the last 200 days. And if you annualize the number from this past quarter, that's a pretty decent number and reflects the kind of step function improvement in the business that I highlighted in my prepared remarks and in answer to some of these questions. Thanks. Is it really largely a reduction in this tightened investment spending you guys have been in the middle of for a few years? On the call today, we have Meredith Kopit Levien, President and Chief Executive Officer; and Roland Caputo, Executive Vice President and Chief Financial Officer. Additionally, we expect approximately 650,000 newly tenured subscriptions will see a price increase. Motley Fool Transcribers The Motley Fool Published. That's more than two times what it was a year ago. This Under-the-Radar Stock Has Been One of the Biggest Winners in the Trump Era. On the print subscription side, revenues were down nearly 4% largely due to a decline in single copy and international bulk sales. Thanks. Prior to Q2, we did not, and we've just gone back to our normal cadence.

Wolfe Research, on the other hand, stated in their research note that they expect to see NYT reach a price target of $59. I'll say there -- I touched each of these briefly in my prepared remarks that there are three things that are working well in advertising and proving to be quite resilient. We also had a disproportionate number of starts coming from the United States versus internationally. Maybe size that for us, number of users, and what sort of the game plan going forward. But I think this particular news cycle is an extraordinary one. Today, the average trading volume of NYT was 1.50M shares. I've told you what makes us confident in our strategy, but I'd be remiss if I didn't say that our ability to execute that strategy lies in the talent, passion and commitment of the 4,600 plus Times people who've been working tirelessly in unprecedented circumstances. I would say within our core news product, we're reaching a scale where we're starting to see operating leverage and improvement. Get the hottest stocks to trade every day before the market opens 100% free. Next question comes from Kannan Venkateshwar of Barclays. So we can add journalists and add subscribers at a higher rate, right?

Total subscription revenues are expected to increase approximately 14% compared with the fourth quarter of 2019, with digital-only subscription revenue expected to increase approximately 35%.

Revenues are expected to be $413.44 million, down 3.5% from the year-ago quarter. The next question comes from Alexia Quadrani of JPMorgan. Meredith Kopit Levien -- President And Chief Executive Officer. So Kannan, on the ARPU question, directionally, you're correct. Let's conquer your financial goals together...faster. Yes. New York Times Co. (NYT) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2020.

Visit performance for information about the performance numbers displayed above. Sumit Singh As we've told you for the last year or so, we've been steadily tilting the business back to the unique value of our media. And it's also worth noting that over time, the model is becoming more resilient to big swings in the news cycle.


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