New York Times forecasts quarterly subscription revenue below estimates

Reuters

02-05

New York Times forecasts quarterly subscription revenue below estimates

Feb 5 (Reuters) - New York Times NYT.N forecast first-quarter subscription revenue growth below Wall Street estimates on Wednesday, signaling growing competition for attracting new subscribers.

The company expects subscription revenue growth of 7% to 10%, compared with analysts' average estimate of 9.9%, according to data compiled by Visible Alpha.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Pooja Desai)

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

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