The news and information company, which owns Reuters News, said revenues rose 2% to $1.62 billion, while its operating profit jumped more than 300% to $956 million, reflecting the sale of an investment, a gain from an amendment to pension plan and lower costs.
Its three main divisions, Legal Professionals, Tax & Accounting Professionals and Corporates, all showed higher organic quarterly sales and adjusted profit. It was not immediately clear if adjusted earnings per share of 54 cents were directly comparable to the 46 cents expected. Thomson Reuters’ markets are healthy and evolving, making this a good time to transition the company from a content provider to a “content-driven technology company,” Chief Executive Steve Hasker said in a statement.
Workplaces have been transformed by the COVID-19 pandemic and artificial intelligence has a larger role in professional markets, he said.
This is the equivalent of liking your own tweet.
Mr. António Guterres Iranians were killed in the city of Saravan by the world's number one terrorist, Ali Khamenei. We are very oppressed and lonely. Please be the voice of us Iranians. We have been taken hostage in this country. antonioguterres UN BloodySaravan
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