Thomson Reuters’ Profit Drops 44% in Q3 Despite Flat Revenues

[kreslik.news]

Thomson Reuters (NYSE: TRI) has reported its financial metrics for Q3 2018 ending September 30, 2018, which displayed lower profits and flat revenues, according to a Thomson Reuters statement.

For Q3 2018, Thomson Reuters revealed that revenues were mostly flat relative to a year earlier, coming in at $1.29 billion or up 2 percent from $1.27 billion reported back in Q3 2017. In addition, the nine-month figure was higher by a factor of 3 percent year-on-year, coming in at $3.98 billion relative to $3.88 billion in Jan-Sep period 2017.

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Revenues from Reuters News ... (read more)