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Article: News Corporation Reports Third Consecutive Year of Double-Digit Revenue and Operating Income Growth; Full Year Operating Income Increases 22% to a Record $3.6 Billion on 15% Revenue Growth.
- Article from:
- Business Wire
- Article date:
- August 10, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- News Corporation (NYSE: NWS, NWSA; ASX: NWS, NWSLV):
--Earnings Per Share Increases 28% to $0.69; Cash from Operations up 41% to a Record $3.4 Billion
--Fourth Quarter Operating Income of $955 Million; a 42% Increase on Revenue Growth of 12%
FULL YEAR FINANCIAL HIGHLIGHTS
--Record operating income at Cable Network Programming, Filmed Entertainment, Newspapers, Television, Magazines and Inserts and Book Publishing.
-- Cable Network Programming operating income up 44% on
advertising and affiliate revenue growth at all major
cable channels.
-- Continued robust home entertainment ...