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News Corp. Posts Modest Quarterly Earnings

  • CNBC, Friday, February 5, 2016 10:22 AM
Blaming foreign currency fluctuations and lower print ad revenue, News Corp. posted fiscal second-quarter earnings of 20 cents per share on $2.16 billion in revenue. “Analysts had expected News Corp. to report earnings of about 21 cents a share on $2.13 billion in revenue, CNBC reports, citing consensus estimates from Thomson Reuters.

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