New York Times forecasts quarterly subscription revenue growth above estimates

Reuters

02/04

Feb 4 (Reuters) - The New York Times NYT.N forecast first-quarter subscription revenue above Wall Street estimates on Wednesday, expecting its bundling strategy for news and lifestyle products to draw more paying users.

The newspaper expects subscription revenue growth to be between 9% and 11%, compared with analysts' average estimate of 9.2%, according to data compiled by Visible Alpha.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Shinjini Ganguli)

((Jaspreet.Singh@thomsonreuters.com; on X @i_jass;))

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