Reports Q1 revenue $635.M, consensus $635.0M. The Company added approximately 250,000 net digital-only subscribers compared with the end of the fourth quarter of 2024, bringing the total number of subscribers to 11.66 million. Total digital-only average revenue per user increased 3.6 percent year-over-year to $9.54 largely driven by subscribers transitioning from promotional to higher prices and price increases on tenured non-bundled subscribers. Growth in both digital subscribers and ARPU drove a year-over-year increase in digital subscription revenues of 14.4 percent. Digital advertising revenues increased 12.4 percent year-over-year primarily due to areas of strong marketer demand and new advertising supply.
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