News Corp. shares rose as much as 5 percent in extended trading, after it reported a big rise in digital revenue in both its real estate and news operations.
Revenue of $1.97 billion in the first fiscal quarter ended Sept. 30 beat Wall Street expectations of $1.96 billion.
Last year, revenue was $2.01 billion. Revenue was affected by currency fluctuations and the weak British pound.
Adjusted losses were 1 cent per share, while continuing operations produced break-even results in the period.
A year ago, the company, owner of The Post, earned $143 million from continuing operations.
Revenue from digital real estate services, which encompasses Move’s Realtor.com, grew 18 percent, to $226 million, in the quarter.
At the news unit, revenue fell 5 percent to $1.22 billion, as print advertising revenue experienced declines.
Digital revenue rose to 24 percent of overall segment revenue, versus 20 percent in the year-ago period.



