"Revenue -- $2.4 billion, up 6% year over year. Total Segment EBITDA -- $521 million, increasing 9% year over year despite a $16 million one-time inventory-related charge at HarperCollins. Net Income from Continuing Operations -- $242 million, declining 21% due to the absence of a prior-year $87 million gain from REA Group's Property Guru sale. Adjusted EPS -- $0.40, versus $0.33 in the prior quarter; reported EPS from continuing operations was $0.34, down from $0.40 last year with the prior-year gain excluded. Profitability Margin -- Improved from 21.4% to 22.1%. Buyback Program -- Expanded, running at four times the prior year's pace; $172 million in shares repurchased this quarter, up $132 million from last year's period."
"Dow Jones Segment -- Revenue up 8% to $648 million; segment EBITDA up 10% to $191 million with margins at nearly 30% (an improvement of 50 basis points); digital revenue at 82% of segment total. Digital Advertising at Dow Jones -- Record $87 million, up 12%, led by financial services sector. Dow Jones Professional Information (B2B) Revenue -- Grew 12%, with Risk and Compliance up 20% to $96 million. Dow Jones Energy Revenue -- Increased 10% to $75 million, with retention near 90%. Dow Jones Consumer Digital Subscriptions -- Up 12% to over 6 million, led by enterprise partnerships."
"Digital Real Estate Services Revenue -- Grew 8% to $511 million; EBITDA up 11% to $206 million. Realtor.com Revenue -- Increased 10% to $143 million, with leads up 13%; market share of visits at 29%, more than triple homes.com, and double Redfin. REA Segment (Australia) -- Revenue up 7% to $368 million; unique users up 9%."
Revenue increased 6% year over year to $2.4 billion. Total Segment EBITDA grew 9% to $521 million despite a $16 million one-time inventory-related charge at HarperCollins. Net income from continuing operations fell to $242 million, down 21% due to the absence of a prior-year $87 million gain from the REA Group sale. Adjusted EPS was $0.40, and reported EPS from continuing operations was $0.34. Profitability margin improved from 21.4% to 22.1%. Share repurchases accelerated with $172 million bought back this quarter. Dow Jones, digital real estate services, and REA Australia all showed revenue, EBITDA, subscription, and user growth.
Read at Aol
Unable to calculate read time
Collection
[
|
...
]