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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Washington Post results disappoint Wall Street

The second-quarter earnings for the Washington Post company were nearly flat despite a gain in revenue. The results, reported yesterday, appeared to miss Wall Street estimates and the company's shares fell by 1.4% as a result. The publisher of the Post and Newsweek magazine made $78.5m (£41.1m) on turnover of $969m (£507.3m). The 4% increase in revenue at the newspaper division was driven in part by growth at the company's online enterprises. (Via biz.yahoo.com)

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