News Corp-Pronar of The Post and Wall Street Journal-Reported three-month income better than expected on Wednesday, driven by growth in his real estate digital assets, Dow Jones and book publication divisions.
News Director General Corp Robert Thomson defended the “three growth pillars” of the company, which issued a 58% increase in profits for the second trimester.
The company reported $ 306 million net income, or 38 cents per share, compared to $ 156 million, or 27 cents a year ago. Profits regulated by action reached 33 cents.
It $ 306 million in the second quarter was also more than twice the $ 144 million net income that the company reported last quarter.
Quarterly revenue increased to $ 2.24 billion from $ 2.14 billion a year ago. Analysts were expecting 31 cents over $ 2.18 billion.
Strong financial results were driven by a 17% revenue jump to $ 343 million, real estate sharing, as well as $ 600 million in its Dow Jones unit.
The company also mentioned an increase in revenue of 8% and increased profits 19% in its book publishing group, which includes Harpercollins.
When calling for profits with investors, Thomson addressed the theme of the hot artificial intelligence button, criticizing the generating and applauding the company’s historic agreement with the Openai that she painted last spring.
“We are offering invaluable content to the generating and remain vigilant in our degenerative pursuit,” he said Wednesday. “We are pleased with our partnership with Openai and hopefully other companies in this segment take a similarly illuminated approach. Our legal action against confused confusion is developing and we are looking forward to discovering the document. “
He added: “Deepseek’s sudden growth is in itself a greeting lesson for all the players. Data centers, chips and energy costs aside, we believe that Deepseek lacks the immediate news of the trusted news and, after all, the content will be king in the world of him. “
Thomson said there was also a “tangible increase in business trust” in the US since the election.
“The temporary riots of transactions tariffs aside, there is the unification of economic optimism and a cultural awakening with the woke yoke that rose,” he said.
“We believe that these trends should lead to less excess, free, greater capital formation, increased opportunities for all Americans, and more sincere, creative, persuasive conversations. -The censorship is withdrawing in the distance. “
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Image Source : nypost.com