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Meredith reports first-quarter improvement

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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.