News Corp. reported quarterly results that surpassed Wall Street expectations — triggered by a 29 percent gain in revenue.
The media company, which owns The Post, said Thursday its loss to shareholders for the fourth quarter ended June 30 narrowed to $372 million, or 64 cents a share, compared with $430 million last year. Stripping out costs, earnings per share totaled 8 cents, more than the 6 cents analysts had forecast.
Revenue grew to $2.69 billion, a little higher than the $2.68 billion predicted.
Revenue from digital real-estate services expanded 19 percent while book publishing posted a 20 percent increase.
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