Press Release Details

Thomson Reuters Reports First-Quarter 2013 Results

April 30, 2013 at 7:00 AM EDT

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First-quarter performance consistent with full-year expectations

  • Revenues grew 2% before currency
  • Adjusted EBITDA declined 2% to $757 million with a margin of 24.4%
  • Underlying operating profit declined 7% to $462 million with a margin of 14.9%
  • Severance expense of $78 million incurred (an $0.08 impact to adjusted EPS)
  • Adjusted earnings per share were $0.38
  • 2013 Outlook affirmed