New York Times Posts Strong Quarterly Earnings On Rise In Digital Ads And Readership

NEW YORK, NY - JULY 27: People walk past the New York Times building on July 27, 2017 in New York City. The New York Times Company shares have surged to a nine-year high after posting strong earnings on Thursday. Partly due to new digital subscriptions following the election of Donald Trump as president, the company reported a profit of $27.7 million in the second quarter, up from $9.1 million in the same period last year. (Photo by Spencer Platt/Getty Images)