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Correction: Washington Post Posts Q4 Loss - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

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.

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