NEW YORK (AP) — NEW YORK (AP) — News Corp. (NWS) on Thursday reported net income of $50 million in its fiscal fourth quarter.
The New York-based company said it had profit of 9 cents per share. Earnings, adjusted for one-time gains and costs, were 17 cents per share.
The publishing company whose flagship is The Wall Street Journal posted revenue of $2.58 billion in the period.
For the year, the company reported profit of $266 million, or 46 cents per share. Revenue was reported as $10.09 billion.
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