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Washington Post Reports Loss in Q4

Saturday - 2/23/2013, 5:13am  ET

The Washington Post has released its fiscal Q4 and 2012 results. For the quarter, the company's revenue inched up barely 1% on a year-over-year basis, to $1.05 million. Net loss was $45 million ($6.57 per diluted share), as opposed to the $62 million ($8.03) profit of Q4 2011.

Bottom line in this most recent quarter was negatively affected by a pair of charges, which together amounted to over $150 million.

For the full year, revenue was just over $4 billion, down 3% from 2011's tally of $4.1 billion. Net income was in the black, at $131 million ($17.39 EPS), which bettered the previous year's $116 million.

This article was originally published as Washington Post Reports Loss in Q4on

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