Washington Post Co.: The media company reported...
From Times Staff and Wire Reports
Washington Post Co.: The media company reported net income of $174.6 million for the year, a decline of 12% from 1989, on revenue of $1.44 billion, down slightly. Fourth-quarter results showed net income of $42.1 million for the Washington-based firm, off 18% from last year, on revenue of $369.4 million, down 3%. The company said the results reflected the weakened economy and corresponding advertising climate.
Tables, D13
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.