News Corp: FIM Revs Up 23 Percent, Yahoo Talks Totally Over; Cablevision Nets At Right Price
Following a rundown of the numbers, News Corp (NYSE: NWS). CFO Dave DeVoe got to the key figures left out of the earnings release: FIM numbers. Revenue at the unit was up 23 percent to $225 million, but income fell to $6 million from $24 million a year ago, due to increased investments. Last quarter, op income at the unit was $27 million. As for the coming 12 months, DeVoe warned about difficult comps and an increasingly challenged economy—especially for broadcast TV advertising—and predicte...Feed :
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| Updated : 3 months ago
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