News Corporation Reports 34% Decline In Q2 Earnings

(RTTNews) - News Corporation (NWSA) reported earnings for second quarter that lost ground from last year.

The company said its earnings fell to $114 million, or $0.20 per share. This was lower than $173 million, or $0.30 per share, in last year's second quarter.

The company said revenue for the quarter fell 1.3% to $2.23 billion. This was down from $2.26 billion last year.

News Corporation earnings at a glance:

-Earnings (Q2): $114 Mln. vs. $173 Mln. last year. -Earnings Decline (Y-o-Y): -34.1% -EPS (Q2): $0.20 vs. $0.30 last year. -EPS Decline (Y-o-Y): -33.3% -Revenue (Q2): $2.23 Bln vs. $2.26 Bln last year. -Revenue Change (Y-o-Y): -1.3%