NEW YORK - Newspaper publisher Dow Jones has reported a jump in second-quarter profit, helped by increased ad revenue from the US edition of The Wall Street Journal and online operations, as well as tighter cost controls.
Net income rose to $28.8 million (€22.7m; £15.5m), from $861,000 a year earlier. Revenue rose 5.9% to $481.2m from $454.2m.
The Journal's addition last fall of a Weekend Edition helped boost ad revenue in the quarter and the company saw growth in revenue from technology and financial advertising, a weak spot during the past few years.
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