News (NWSA) EBITDA Beat, But Print Trends Remain Weak - Jefferies

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News Corp (NWSA) Reports Q1 Loss of $0.01

November 7, 2016 4:25 PM EST

News Corp (NASDAQ: NWSA) (NYSE: NWS) reported Q1 EPS of ($0.01), versus $0.05 reported last year. Revenue for the quarter came in at $1.97 billion versus the consensus estimate of $1.96 billion.

Commenting on the results, Chief Executive Robert Thomson said:

News Corp made real progress as it continued to drive higher digital revenues and position the Company for long-term growth. While the quarter presented some obvious... More