Media conglomerate News Corp. said Wednesday that its fiscal second-quarter profit rose 65 percent on increased earnings at its cable-television networks and film and television studios.
The company said it earned $1.06 billion, or 42 cents a share, in the quarter ended Dec. 31, compared with a profit of $642 million, or 24 cents, in the same period a year earlier.
Excluding items, News Corp. said it would have earned 39 cents a share in the latest three months.
Revenue rose two percent to $8.98 billion.
Analysts polled by Thomson Reuters were expecting a profit of 34 cents a share on revenue of $8.94 billion.
News Corp. is the parent company of The Post, MarketWatch and NewsCore.
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