New York Times Adds 308,000 Net Digital News Subscribers in Q1
Yesterday, The New York Times Company (NYSE: NYT) announced its first quarter 2017 financials, including the addition of 308,000 net digital news subscriptions, a record for the news outlet. In addition, the Times reported diluted earnings per share of $0.08, compared to a loss of $0.05 diluted earnings per share for the same period last year. Operating profit was $29.0 million for Q1, compared to $27.9 million for the same period last year. Other financial and operational highlights for the first quarter of 2017 include…
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