New York Times beats first-quarter revenue estimates

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(Reuters) – New York Times beat estimates for quarterly revenue on Wednesday, helped by a pick up in advertising spending and subscriber growth.

The company reported revenue of $594 million, compared with analysts’ estimates of $591.9 million, according to LSEG data.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Anil D’Silva)

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