logo
Share SHARE
FONT-SIZE Plus   Neg

Correction: Washington Post Posts Q4 Loss - Quick Facts

Deletes redundant second para, adds adjusted figures and corrects last para to show revenue grew 1 percent:

The Washington Post Co. (WPO) Friday reported a loss for the fourth quarter, compared to a profit in the comparable period last year.

Net loss attributable to the company stockholders totaled $45.44 million or $6.57 per share for the fourth quarter, compared to a profit of $61.71 million or $8.03 per share last year.

Excluding items, adjusted income from continuing operations attributable to common shares was $78.8 million or $10.61 per share for the fourth quarter, compared to $68.4 million or $8.91 per share in the prior year quarter.

Operating revenues for the quarter grew 1 percent to $1.05 billion from $1.04 billion last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Uber has been hit with an $8.9 million civil penalty by Colorado for allegedly allowing drivers with questionable backgrounds to work for the ride-hailing company. The Colorado Public Utilities Commission or PUC said it has issued a Civil Penalty Assessment Notice or CPAN totaling $8.9 million to Rasier LLC, the parent company of Uber. Netflix has announced the new arrivals in its streaming video lineup in the month of December that include many Christmas-themed shows and films to choose from. The holiday season will also see some great movies disappearing from the platform. Shares of easyJet Plc were gaining around 6 percent in the morning trading in London after the airline reported higher revenues, traffic and capacity in its fiscal 2017, despite weak profit. Looking ahead, the company projects capacity growth in fiscal 2018.
comments powered by Disqus
Follow RTT