Thomson Reuters Q3 operating profit falls 22% to USD 402 million
Bitget2026/11/03 11:36- Thomson Reuters’ third-quarter diluted EPS fell 17% to USD 0.78, primarily due to lower operating profit.
- Revenues rose 10% to USD 1.83 billion, while net cash provided by operating activities dropped 15% to USD 599 million.
- A 51% stake in Global Print was sold to KKR-advised capital accounts on October 1, generating approximately USD 500 million in gross proceeds.
- CEO Steve Hasker highlighted encouraging customer engagement with next-generation CoCounsel Legal and ongoing commercial discussions for Thomson LLM.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve Financial Stability Report: AI Hype Drives Overvalued U.S. Stocks, Cybersecurity Risks Rising
The latest financial stability report from the Federal Reserve warns that U.S. stock valuations remain elevated, driven by market enthusiasm for "superintelligence." Advances in AI technology are lowering the threshold for cyberattacks, with threats from both state and non-state actors increasing daily. The risks posed by high long-term interest rates and concerns over the sustainability of fiscal deficits are also cited as current market vulnerabilities. The Federal Reserve’s Vice Chair for Supervision previously noted that if returns on AI investments fall short of expectations, the market could face a sharp downturn.
Tradewinds Universal Director Alan Chang Resigns, Effective Immediately
NYSE suspends PSQ Holdings trading over listing rule violations
Crypto prices
More
