Thomson Reuters Third-Quarter Profit Falls to $339 Million
Thomson Reuters said net earnings fell to $339 million, or 78 cents a share, from the year-earlier period. The prior-year period benefited from an asset sale, while higher software amortization also weighed on earnings.
By Robb M. StewartThomson Reuters logged a drop in earnings in the third quarter after a year-ago boost from an asset sale and as it was squeezed by higher amortization of software.The Canadian news and information provider said its net earnings fell to $339 million, or 78 cents a share, from $423…