News Corp posts higher quarterly revenue, profit

Wed Feb 6, 2013 4:10pm EST

Feb 6 (Reuters) - News Corp reported higher quarterly revenue and profit on Wednesday on strong growth at its cable networks.

The media conglomerate, controlled by Rupert Murdoch, said revenue rose 5 percent to $9.43 billion for the quarter that ended in December.

Net income was $2.38 billion or $1.01 per share, compared with $1.06 billion or 42 cents per share in the same period a year ago.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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