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BUSINESS

Thomson Reuters’ Q3 Operating Profit, Sales Rise

Thomson Reuters reported higher Q3 revenue and operating profit, helped by gains from its three largest divisions.

On Tuesday, Thomson Reuters Corp posted higher Q3 revenue and operating profit due to gains in its three biggest divisions.

Thomson Reuters, the Canada-based news and Information Company, registered $1.57 billion in sales during the quarter. On the other hand, operating earnings surged 41% to $398 million. Reportedly, adjusted earnings per share (EPS) remained at 57 cents.

Founded in 2008, Thomson Reuters is a Toronto-based multinational media conglomerate. Its main divisions are Reuters, Openly, and Context. Thomson Reuters was created by the Thomson Corporation’s purchase of the UK-based Reuters Group in 2008.

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