The company’s quarterly earnings call beats analysts’ expectations despite a plunge in total revenue from the previous quarter and a net loss of $379mNews Corp,owner of the Wall Street Journal and the Times, reported a better-than-expected quarterly results as strong growth in its digital genuine estate services and book publishing business partially offset the weakness in its print business. Shares of the company, and controlled by Rupert Murdoch,rose approximately 4% in extended trading. Continue reading...
Source: theguardian.com