News Corp. reported results for their fourth quarter and full fiscal year, ending June 30. HarperCollins had sales of $361 million, up 10 percent from $329 million a year ago and EBITDA of $33 million in the fourth quarter, up 50 percent from the $22 million reported for the same period a year ago For the full year, they recorded sales of $1.434 billion and EBITDA of $197 million. That compares to sales of $1.369 billion and EBITDA of $142 million in fiscal 2013. The company said the higher earnings benefited from “the higher contribution to profits from ebooks and […]
