News Corp quarterly profit more than doubles, revenue climbs to beat Wall Street expectations [Video]

Post author By Curator
Post date May 9, 2025

News Corp — owner of The Post and The Wall Street Journal — reported better-than-expected quarterly earnings on Thursday, bolstered by growth in its digital real estate, Dow Jones and book publishing divisions.

The New York-based media giant reported $107 million in net income from continuing operations, or 14 cents a share, compared with income of $64 million, or 7 cents, the year prior. Adjusted earnings per share totaled 17 cents.

News Corp CEO Robert Thomson touted growth at the company’s Dow Jones, real estate and book publishing units for the Q3 growth. AFP via Getty Images

Third-quarter revenue jumped to 1% to $2.01 billion from $1.99 billion a year earlier.

Wall Street expected EPS of 13 cents on revenue of $2 billion, according to Yahoo Finance.

News Corp CEO Robert Thomson touted the company’s “sustained strength” and “strategic transformation” for lifting profits 67% in the quarter, which ended March 31.

“The sustained strength …

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Book Marketing and Social Media Speaker [Video]

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Easily book Marketing and Social Media Speaker for your event. Jenn Donovan is a renowned marketing strategist, Best Selling Author and sought after speaker and media commentator on all things marketing. Shes the founder of Social Media and Marketing Australia, viral Facebook groups like Buy From a Bush Business, co-founder of a marketplace that saved lives, livelihoods and towns Spend With Us Marketplace and has a podcast, Small Business Made Simple, ranked in the top 1% of podcasts globally. With a keen eye for strategy and a heart full of genuine care, Jenn has transformed countless businesses and shes a no-nonsense, fluff free marketer and someone you definitely want to know in business and put on your stage..

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Apple Enhances Stem Splitter, Adds AI Writing Tools in Logic Pro [Video]

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President Xi's Book Launched: Kazakh version of 'Xi Jinping: The Governance of China' launched in Astana [Video]

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Post date May 9, 2025

The Kazakh-language version of volumes one to four of Xi Jinping: The Governance of China has been launched in Astana. Around 300 representatives from political parties, media outlets, think tanks, and universities from China and Kazakhstan attended the book launch. Aigerim Kali reports.