Meredith reports first-quarter improvement
Meredith Corp. today announced earnings per share of 55 cents in its fiscal first quarter, which ended Sept. 30., up 15 percent from 48 cents in the same period a year ago.
The company reported net earnings of $24.9 million, up from $21.6 million a year ago. Revenues rose 8 percent to $354 million, and total company advertising revenues increased 12 percent to $207 million.