Overview
- Quarterly revenue rose 2% to $2.14 billion and net income edged up 1% to $150 million.
- Diluted EPS was $0.20, with adjusted EPS of $0.22 topping the $0.19 consensus from analysts surveyed by Yahoo Finance.
- Dow Jones revenue increased 6% to $586 million, powered by a 16% rise in professional information and higher digital subscriptions.
- Move, the parent of Realtor.com, delivered $152 million in revenue, up 9% for its strongest quarterly growth since early 2022.
- News Media revenue grew 1% to $545 million with segment EBITDA up 67% to $30 million, group EBITDA rose 5% to $340 million, and CEO Robert Thomson urged AI companies to pay for data while arguing information and sophisticated data drive AI’s value.