Revenues Flat, Profit Down for Thomson Reuters in 2016

[kreslik.news]

Thomson Reuters (NYSE: TRI) has reported its financial metrics for fourth quarter and full year ending December 31, 2016, which displayed lower profits and flat revenues, according to a Thomson Reuters statement.

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For Q4 2016, Thomson Reuters revealed that revenues were mostly flat when weighed against their 2015 equivalent, coming in at $2.860 billion, a loss of -1.0 percent year-on-year from $2.887 billion in the same period last year. This figure was largely influenced by negative impact of US dollar strength and lower recoveries ... (read more)