News Corporation's first quarter revenue and profit exceeded expectations
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Securities Times Network News: News Corporation released its first quarter financial report, with revenue and profit exceeding expectations, mainly due to the growth of its digital real estate services, book publishing, and Dow Jones divisions.
Revenue for this quarter reached $2.58 billion, exceeding expectations of $2.57 billion. Adjusted earnings per share for this quarter were 21 cents, exceeding expectations by 16 cents.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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