NEW YORK (AP) — NEW YORK (AP) — News Corp. (NWSA) on Thursday reported net income of $30 million in its fiscal first quarter.

The New York-based company said it had profit of 5 cents per share. Earnings, adjusted for one-time gains and costs, were 16 cents per share.

The publishing company whose flagship is The Wall Street Journal posted revenue of $2.5 billion in the period.

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