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News Corp's quarterly revenue falls 6.6 percent
2017年8月10日 / 晚上8点20分 / 2 个月前

News Corp's quarterly revenue falls 6.6 percent

Aug 10 (Reuters) - News Corp, the owner of the Wall Street Journal and book publisher HarperCollins, reported a 6.6 percent fall in quarterly revenue hurt by declining demand for print advertising and a strong dollar.

The company reported a net loss available to shareholders of $430 million, or 74 cents per share, in the fourth quarter ended June 30, compared with a profit of $89 million, or 15 cents per share, a year earlier.

The company, controlled by media mogul Rupert Murdoch, said its total revenue fell to $2.08 billion from $2.23 billion. (Reporting by Amy Caren Daniel in Bengaluru; Editing by Shounak Dasgupta)

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