Comment on Washington Post Co. second-quarter profit up 13.6 percent

Washington Post Co. second-quarter profit up 13.6 percent

The Washington Post Co. reported a 13.6 percent increase in second quarter profit, but net income from continuing operations fell 28.6 percent. The company announced net income of $51.8 million, or $8.84 a share, up from $45.6 million, or $5.74 a share, a year earlier. Revenue for the quarter totaled $1.0 billion, down 5 percent from $1.06 billion for the second quarter of 2011. Read full article >>

Senh: That's the probably with the newspaper industry. The increase in online ad revenue offsets only a quarter of the decrease in print.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News