Thomson Reuters Revenue Dips, But Bottom-Line Soars

  • Revenues of Toronto-based Thomson Reuters stood at US$ 1.4 billion, marginally down from US$1.42 billion in Q2FY19.
  • adjusted profit soared to 46 cents per share in Q2FY20, from 29 cents in the prior corresponding period.
  • The management explained that the performance was negatively impacted by the cancellation of in-person events due to COVID-19. The group’s global print business was affected due to delay in shipping print materials critical to law firms and government agencies amid work from home scenarios.

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