New York Times Q3 revenue beats estimates

Published Thu, Nov 5, 2020 · 12:46 PM

[NEW YORK] The New York Times beat Wall Street estimates for quarterly revenue on Thursday, as more people subscribed to its digital news products during the Covid-19 pandemic.

Total revenue fell 0.4 per cent to US$426.9 million in the third quarter, but came above analysts' estimates of US$411.8 million, according to IBES data from Refinitiv.

REUTERS

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