02.08.2013 14:54:53
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Washington Post Company Q2 Profit From Cont. Ops. Rises - Quick Facts
(RTTNews) - The Washington Post Company (WPO) reported that its second-quarter income from continuing operations attributable to common shares increased to $44.7 million or $6.02 per share, from $36.1 million or $4.76 per share, last year.
Net income attributable to common shares was $44.7 million or $6.02 per share, compared to $51.8 million or $6.84 per share, a year ago. The prior year quarter net income includes $15.8 million or $2.08 per share in income from discontinued operations.
Excluding items, income from continuing operations attributable to common shares was $62.5 million or $8.47 per share for the secondquarter of 2013.
Revenue increased 3 percent to $1.02 billion, from $989.1 million, a year ago. Revenues increased at the cable television and television broadcasting divisions and in other businesses, offset by small declines at the education and newspaper publishing divisions.
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