News Corp profits spike nearly 30% in fourth…
News Corp – father or mother company of The Post – reported Tuesday that quarterly profits soared 28% and income ticked up 1%, beating Wall Street’s expectations.
Net income from persevering with operations for the fourth quarter was $86 million, in contrast to $67 million in the prior yr period, the company mentioned. Revenues rose to $2.11 billion, in contrast to $2.09 billion in the prior yr period, and topped estimates of $2.1 billion, according to information compiled by LSEG.
The New York-based media giant’s earnings have been boosted by greater circulation and subscription revenues at its…
We present you with the trending topics. Get the best newest Gossip information and content material on our web site day by day.
