NEW YORK: Rupert Murdoch's News Corp reported quarterly earnings that beat Wall Street expectations, aided by growth at its cable networks, and said it is on track to split off its slow-growing publishing business by the end of June.
Its revenue rose 14 percent from a year earlier to $9.5 billion (6.1 billion pounds) in the quarter, ended March 31, News Corp said on Wednesday. The company posted adjusted earnings of 36 cents per share, just beating the 35 cents expected on average by analysts, according to Thomson ReutersI/B/E/S.
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