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Thomson Reuters revenue dips on weak sales

Thomson Reuters, the news and financial data publisher, reported a 3 per cent rise in its operating profit, but revenue was dragged down by weaker sales in its markets division, which serves the financial industry.

5Vote!

Thomson Reuters reports revenue drop

Thomson Reuters, the parent company of the business-focused wire service, reported a decline in revenue in its markets and legal divisions, but its CEO said its future performance would improve. Robert MacMillan of Reuters writes, “Markets division revenue fell 4 percent to $1.86 billion excluding currency in the third quarter. The legal unit, the largest part [...]