New York Times shares pop premarket after earnings beat consensus estimates New York Times Co. shares jumped 2.8% in premarket trade Wednesday, after the newspaper group posted better-than-expected profit and revenue for the second quarter. The company had net income of $61.8 million, or 37 cents a share, for the quarter, up from $54.3 million, or 32 cents a share, in the year-earlier period. Adjusted per-share earnings came to 24 cents, ahead of the 19 cent FactSet consensus. Revenue rose 11.5% to $555.7 million from $498.5 million a year ago, ahead of the $553.0 million FactSet consensus. Digital subscription revenue rose 25.5% to $238.7 million. The company added about 180,000 net digital-only subscribers and 230,000 digital-only subscriptions. "We brought in 180,000 net digital-only subscribers, including the highest-ever number of new starts to our All Digital Access Bundle, and saw an approximately 70% increase in net digital-only subscriber additions relative to the second quarter of 2021," CEO Meredith Kopit Levien said in a statement. "…Given the strength of our strategy, we are reaffirming our full-year profit outlook and remain confident in our ability to drive enhanced shareholder value, despite market uncertainties," she continued.