News Corp. reports $2.2B in revenue, 21% increase in digital real estate

  • Total operating expenses were about $1.3 billion, leaving the company with a profit of $89 million for the quarter and $177 million for the fiscal year.

Don't miss Hacker Connect SF
Dive into the latest Technology affecting RE, July 17, 2018

News Corp., the global company that owns operator Move, Inc., reported its financial results for fiscal year 2016 — which ended in June — and it’s no surprise that the company’s recap is praising its digital real estate properties for their contributions to its bottom line.