(RTTNews) -  News Corp. (NWS: News , NWSA) reported net income of $571 million or $0.22 per share for the first quarter, compared to $515 million or $0.20 per share in the first quarter a year ago.

Revenues for the first quarter declined to $7.2 billion from $7.5 billion in the previous year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.18 per share on revenue of $7.16 billion for the quarter. Analysts' estimates typically exclude special items.

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by RTT Staff Writer

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