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Washington Post quarterly earnings rise

A man on the floor of the convention reads The Washington Post before the start of the second session of the Republican National Convention
A man on the floor of the convention reads The Washington Post before the start of the second session of the Republican National Convention

(Reuters) - Washington Post Co reported a higher third-quarter profit from continuing operations, but sales in its newspaper and education businesses declined.

Net income from continuing operations attributable to the company rose to $44.7 million, or $6.03 per share, in the quarter, from $12.6 million, or $1.59 per share, a year earlier.

Revenue was flat at $1.01 billion.

Sales at the newspaper division fell 4 percent. Education business revenue fell 8 percent. (Reporting by Bijoy Koyitty in Bangalore; Editing by Sriraj Kalluvila)

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