New York Times beats quarterly revenue estimates

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Nov 8 (Reuters) - New York Times Co beat estimates for quarterly revenue on Wednesday, benefiting from increasing advertising spend and more subscribers converting to higher-priced bundles.

The company reported revenue of $598.3 million for the third quarter, above analysts' average estimate of $589.4 million, according to LSEG data.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Maju Samuel)

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