Amended: corrects to remove analysts' estimates for revenues.
Wednesday, Time Warner Inc. (TWX) said its fourth-quarter net income attributable to Time Warner Inc. shareholders was $627 million or $0.53 per share compared with a loss of $16.03 billion or $13.41 per share recasted in the prior year period.
Adjusted income from continuing operations for the quarter rose to $651 million from $228 million recasted in the year-ago period. Adjusted earnings per share for the quarter were $0.55, up from $0.19 per share recasted in the earlier period.
Total revenues for the quarter increased to $7.32 billion from $7.16 billion in the comparable period.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.