Thomson Reuters posts higher operating profit

NEW YORK (Reuters) – Thomson Reuters Corp (N:) (TO:), parent of the Reuters News agency, swung to a net loss in the third quarter, reflecting its stake in Refinitiv, but its revenue and operating profit rose.

The company reported a net loss of $44 million, or 9 cents per share, versus a profit of $302 million, or 39 cents per share, a year ago.

Adjusted earnings came in at 27 cents a share.

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