The New York Times Company (NYSE:NYT) reported Q1 EPS of $0.04 today, beating the consensus estimate for a $0.02 per share profit. Revenues for the quarter were down 3.6% year-over-year to $566.50 million, below the consensus estimate for $568.96 million.Janet L. Robinson, president and chief executive officer, The New York Times Company said, "Our operating performance reflects the continuing transformation of our Company, which intersected with an important milestone in the first quarter. While the challenges for our Company and for the larger economy are not yet behind us, the recent launch of Times digital subscription packages on NYTimes.com and across other digital platforms brings our plan for a new revenue stream to life, offering us another reason for optimism about the future of our Company."