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T The New York Times Company Press Release For Media : Danielle Rhoades Ha , 212-556-8719 ; danielle.rhoades-ha@nytimes.com For Investors : Harlan Toplitzky , 212-556-7775 ; harlan.toplitzky@nytimes.com This press release can be downloaded from www.nytco.com The New York Times Company Reports 2021 First - Quarter Results NEW YORK , May 5 , 2021 - The New York Times Company ( NYSE : NYT ) announced today first - quarter 2021 diluted earnings per share from continuing operations of $ .24 compared with $ .20 in the same period of 2020. Adjusted diluted earnings per share from continuing operations ( defined below ) was $ .26 in the first quarter of 2021 compared with $ .17 in the first quarter of 2020 . Operating profit increased to $ 51.7 million in the first quarter of 2021 from $ 27.3 million in the same period of 2020 and adjusted operating profit ( defined below ) increased to $ 68.1 million from $ 44.3 million in the prior year , as higher digital - only subscription revenues and , to a lesser extent , higher digital advertising revenues more than offset lower print advertising , print subscription and other revenues . Meredith Kopit Levien , president and chief executive officer , The New York Times Company , said , " The Times finished the first quarter with more than 7.8 million paid subscriptions across our digital and print products , more than 100 million registered users , and an average weekly audience of 76 million readers . That foundation , plus our unmatched journalistic breadth and a market of at least 100 million people who are expected to pay for English - language journalism , grounds our conviction that we can substantially and profitably scale paid subscriptions over time . " We recorded a significant improvement in profitability in the first quarter , thanks to the size and strength of our current digital subscription base and an improvement in digital advertising . Total digital subscription revenue grew by 38 percent and we added 301,000 net new digital subscriptions across News , Cooking , Games and Audm , with 167,000 net new digital News subscriptions . " The fundamental drivers of our business audience , registered readers , and subscriber engagement are stronger than in 2019 and position us well for long - term growth . In February and March , our audiences declined from their historic highs last year , and we saw fewer net subscription additions in the latter part of the quarter . We expect moderated growth to continue through the second quarter , traditionally our softest of the year . With lower forecasted second quarter performance , we now expect annual total net subscription