May 6, 2020 / 11:09 AM / a month ago

New York Times beats first-quarter revenue estimates

May 6 (Reuters) - The New York Times Co beat Wall Street’s revenue estimates on Wednesday as it added more subscribers in a quarter dominated by heavy news coverage around the COVID-19 pandemic.

The company’s total revenue rose 1% to $443.6 million edging past analysts’ estimates of $441.1 million, according to IBES data from Refinitiv. (Reporting by Neha Malara in Bengaluru; Editing by Saumyadeb Chakrabarty)

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