WaPo Co. Hit With Q1 Loss
The Washington Post Co. Friday reported a first-quarter net loss of $19.5 million, or $2.04 a share as operating losses as charges at its newspaper and magazine divisions offset revenue gains at its Kaplan education and cable businesses. In the first quarter of 2008, the Post Co. reported net income of $39.3 million, or $4.08 per share.
The newspaper division also swung to a loss, reporting an operating loss of $53.8 million in the first quarter, compared to operating income of $1.2
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