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Dow Jones first-quarter profit up sharply

Published on .

New York—Dow Jones & Co., publisher of The Wall Street Journal, Tuesday reported first-quarter net income of $61.5 million, or 74 cents per diluted share, compared with $8.18 million, or 10 cents per diluted share, a year earlier. Revenue rose 9.7% to $452.2 million, from $412.1 million in the year-earlier period. The Wall Street Journal’s print edition posted a 17.9% gain in revenue, but overall the company's consumer media unit, which includes Barron’s and MarketWatch, lost $2.4 million. Dow Jones Online advertising revenue increased 26%.

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