News Corporation Q4 Income Drops

(RTTNews) - News Corporation (NWS) released a profit for fourth quarter that Drops, from the same period last year

The company's earnings came in at $179 million, or $0.33 per share. This compares with $743 million, or $1.31 per share, last year.

Excluding items, News Corporation reported adjusted earnings of $194 million or $0.35 per share for the period.

The company's revenue for the period rose 10.8% to $2.337 billion from $2.109 billion last year.

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