Here’s how the company did compared with what Wall Street expected:
- Earnings: 15 cents per share vs. 11 cents, forecast by Refinitiv
- Revenue: $ 417.3 million vs. $ 408.5 million, forecast by Refinitiv
The stock traded as much as 27 percent higher after the report, but later eased off. It was set to open roughly 7 percent higher Thursday.
The company’s 3-million-plus total digital subscriptions is an increase of 24 percent from the year-ago period. The digital subscriptions category includes subscriptions to the company’s news content as well as include standalone subscriptions to the daily crossword and to the company’s Cooking app.
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