Thomson Reuters Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 01, 2022 at 11:12 am
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Thomson Reuters Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 1,574 million compared to USD 1,526 million a year ago. Net income was USD 228 million compared to net loss of USD 240 million a year ago. Basic earnings per share from continuing operations was USD 0.5706 compared to basic loss per share from continuing operations of USD 0.5083 a year ago. Diluted earnings per share from continuing operations was USD 0.5706 compared to diluted loss per share from continuing operations of USD 0.5083 a year ago. Basic earnings per share was USD 0.4876 compared to basic loss per share of USD 0.5083 a year ago. Diluted earnings per share was USD 0.4876 compared to diluted loss per share of USD 0.5083 a year ago.
For the nine months, sales was USD 4,862 million compared to USD 4,638 million a year ago. Net income was USD 1,120 million compared to USD 5,864 million a year ago. Basic earnings per share from continuing operations was USD 2.5831 compared to USD 12.2723 a year ago. Diluted earnings per share from continuing operations was USD 2.5831 compared to USD 12.2412 a year ago. Basic earnings per share was USD 2.386 compared to USD 12.2723 a year ago. Diluted earnings per share was USD 2.386 compared to USD 12.2412 a year ago.
Thomson Reuters Corporation serves professionals across legal, tax, accounting, compliance, government and media. The Company operates through five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. Legal Professionals segment serves law firms and governments with research and workflow products. Corporates segment serves corporate customers from small businesses to multinational organizations, including the seven global accounting firms, with its full suite of content-driven technology solutions. Tax & Accounting Professionals segment serves tax, accounting and audit professionals in accounting firms with research and workflow products. Reuters News segment supplies business, financial and global news to the worldâs media organizations, professionals and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products and to financial market professionals exclusively via LSEG products.