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Thomson Reuters reports lower 2nd-quarter rev, operating profit

Credit: REUTERS/DENIS BALIBOUSE

Thomson Reuters Corp on Wednesday reported slightly lower revenues for the second quarter and an 18% decline in operating profit, and reaffirmed its forecast for the balance of 2020.

NEW YORK, Aug 5 (Reuters) - Thomson Reuters Corp TRI.TO, TRI.N on Wednesday reported slightly lower revenues for the second quarter and an 18% decline in operating profit, and reaffirmed its forecast for the balance of 2020.

The news and information provider, which owns Reuters News, said quarterly revenue dipped 1% to $1.405 billion and operating profit fell to $365 million, from $447 million, when the quarter included some one-time items.

(Writing by Nick Zieminski in New York; Editing by Alexander Smith)

((nick.zieminski@thomsonreuters.com; +1 646.223.6162;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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