Thomson Reuters records increased Q2 sales and profit.
Thomson Reuters Reports Strong Q1 Performance
By Helen Coster
NEW YORK (Reuters) – Thomson Reuters Corp on Wednesday reported higher sales and operating profit in the first quarter, helped by strong performance at its “Big 3” segments: Legal Professionals, Corporates and Tax & Accounting Professionals.
The news and information company reported adjusted earnings of 84 cents per share. It was not immediately clear if that compared directly to analyst forecasts for 78 cents.
Total revenue rose 2% in the quarter to $1.65 billion, missing expectations, according to estimates from Refinitiv.
(Reporting by Helen Coster; Editing by Nick Zieminski)
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