NEW YORK (AP) _ News Corp. (NWS) on Thursday reported fiscal third-quarter net income of $10 million, after reporting a loss in the same period a year earlier.
The New York-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 4 cents per share.
The publishing company whose flagship is The Wall Street Journal posted revenue of $2.46 billion in the period.
News Corp. shares have increased almost 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.66, a fall of 30% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NWS at https://www.zacks.com/ap/NWS