News Corp reports lower revenue and profit

Fri, 07 Feb - 7:13am

Feb 6 (Reuters) - News Corp reported on Thursday a 4 percent decline in quarterly revenue, citing challenges at its Australian newspaper properties.

For the quarter ending December, the company said revenue was $2.24 billion, in line with analysts' estimates of $2.22 billion, according to Thomson Reuters I/B/E/S.

Net income fell to $151 million, or 26 cents per share from $1.4 billion or $2.42 per share.

(Reporting by Jennifer Saba in New York; Editing by David Gregorio)

((jennifer.saba@thomsonreuters.com)(1 646 223-6173)(Reuters Messaging: jennifer.saba.thomsonreuters.com@reuters.com))

Keywords: NEWSCORP RESULTS/

URN: 
urn:newsml:reuters.com:20140206:nL2N0LB1WM:2
Topics: 
US RES AU CYCS READ CMPNY ADV PUB ASIA LEN MDIA RTRS BACT ADVT CCOS AMERS

Contact Us

Due to the security nature of our business, personal meetings are only by pre-arranged appointment.
Phone at any time on

1300 987 995

info@ausmint.com