Washington Post Co. Second-Quarter Profit Up 13.6 Percent

By: Steven Mufson | The Washington Post

The Washington Post Co. reported a 13.6 percent increase in second-quarter profit.

The company announced net income of $51.8 million, or $6.84 a share, up from $45.6 million, or $5.74 a share, a year earlier. Revenue for the quarter totaled $1.0 billion, down 5 percent from $1.06 billion for the second quarter of 2011.

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