The New York Times Company said on Wednesday that it added 250,000 digital-only subscribers in the last quarter, and that digital subscription revenue during the period jumped more than 14 percent.
Those results helped drive adjusted operating profit 21.9 percent higher from a year earlier, to $92.7 million in the quarter. Total revenue rose 7.1 percent, to $636 million.
The Times had 11.66 million total subscribers at the end of the first quarter, the company said, including 600,000 print subscribers. The company has a stated goal of 15 million subscribers by the end of 2027.
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