News Corp posts record profitability in Q1, driven…
News Corp, the mother or father company of The New York Post, posted a record first-quarter efficiency on Wednesday, driven by growth in its Dow Jones, digital real estate and guide publishing divisions.
The New York-based media giant said its first-quarter internet income expanded 43% to $215 million, or 29 cents a share. Adjusted earnings per share totaled 28 cents.
Revenue for the quarter edged up 6% to $2.28 billion versus year-ago income of $2.14 billion.
News Corp posted record profitability in the first quarter, the company said on Wednesday. Paul Martinka for NY…
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