New York Times Adds 250,000 Digital Subscribers in First Quarter

New York Times Co. reported first-quarter earnings that exceeded analysts’ expectations, as the publisher continues to increase its subscriber count by bundling news with games and a popular recipe subscription service.

The company reported earnings of 41 cents per share on Wednesday, excluding some items. The results surpassed analysts’ estimates of 35 cents per share. Revenue totaled $635.9 million, which was lower than Wall Street’s expectations of $644.9 million.