The New York Times Company (NYSE:NYT) reported stronger-than-expected first-quarter earnings on Wednesday, buoyed by a surge in digital-only subscriptions and a robust revenue forecast driven by its bundled product strategy. The publisher’s momentum underscores how diversified content and a charged global news cycle are continuing to attract paid readership.
Digital Subscriptions Drive Growth
For the quarter ending March 31, NYT added 250,000 digital-only subscribers, narrowly surpassing Visible Alpha estimates of 248,000. Bundled offerings—combining core news with properties like Wirecutter, The Athletic, and the popular game Wordle—are proving effective in retaining and attracting new users.
Revenue climbed 7.1% year-over-year to $635.9 million, beating consensus estimates of $634.8 million. Adjusted earnings per share came in at 41 cents, outperforming analyst expectations of 34 cents.
Detailed performance data like this is accessible via the Earnings Historical API, which provides in-depth reporting on EPS and revenue trends across past quarters.
Strong Guidance Reflects Subscription Confidence
Looking ahead, The Times projects 8% to 10% total subscription revenue growth for the second quarter, exceeding Wall Street’s average estimate of 8.2%. Digital-only subscription revenue is forecasted to grow 13% to 16%, comfortably ahead of Visible Alpha’s 13.9% projection.
The earnings forecast and upcoming key dates can be tracked through the Earnings Calendar API, helping investors stay ahead of NYT’s reporting schedule.
Strategic Positioning Amid Global Tensions
CEO Meredith Kopit Levien highlighted the company’s strong start to the year, attributing growth to strategic bundling and relevance in a volatile news environment. With heightened interest around issues like the U.S.–China trade war and broader geopolitical uncertainty, readers continue to lean on the NYT for trusted, in-depth reporting.
In a boost to its journalistic credibility, The Times also won four Pulitzer Prizes earlier this week, including a collaborative piece with the nonprofit Baltimore Banner.