Reports Q3 revenue $2.009B, consensus $2B. Commenting on the results, Chief Executive Robert Thomson said: “The sustained strength of News Corp’s (NWS) third quarter reflects the Company’s strategic transformation. We have pursued digital growth, realigned our assets, focused relentlessly on cost discipline and asserted the essential value of our intellectual property in a changing, challenging content world. Net income from continuing operations rose 67% to $107 million, benefiting from a 12% increase in Total Segment EBITDA to $290 million, as revenue reached $2 billion, despite blustery currency headwinds and obvious macro uncertainty. Reported earnings per share from continuing operations doubled to $0.14 and margins expanded in every segment. “
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