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Feb 6 (Reuters) – News Corp reported on Thursday a
4 percent decline in quarterly revenue, citing challenges at its
Australian newspaper properties.
For the quarter ending December, the company said revenue
was $2.24 billion, in line with analysts’ estimates of $2.22
billion, according to Thomson Reuters I/B/E/S.
Net income fell to $151 million, or 26 cents per share from
$1.4 billion or $2.42 per share.
