The New York Times (NYT) stock surged 5.37% in pre-market trading on Wednesday following the release of its impressive second-quarter 2025 financial results. The company significantly outperformed analysts' expectations, demonstrating robust growth in both earnings and revenue.

The media giant reported adjusted earnings per share of $0.58, surpassing the FactSet consensus estimate of $0.51. This represents a substantial increase from $0.45 per share in the same period last year. Revenue for the quarter reached $685.9 million, beating the expected $670.7 million and marking a 9.72% year-over-year growth. The company's digital strategy continues to pay off, with digital subscription revenues soaring by 15.1% and digital advertising revenues surging by 18.7% compared to the previous year.

Investors were particularly encouraged by the New York Times' strong subscriber growth and positive outlook. The company added approximately 230,000 net digital-only subscribers in the quarter, bringing its total to 11.88 million. Looking ahead, the New York Times forecasts third-quarter subscription revenue growth between 8% and 10%, surpassing analysts' expectations of a 7.3% increase. This optimistic projection, coupled with the company's success in bundling its core news offerings with lifestyle products and its recent agreement with Amazon for AI technology, has bolstered investor confidence in the stock's future performance.